Sorbic International PLC Director Appointment (4184C)
January 19 2015 - 2:00AM
UK Regulatory
TIDMSORB
RNS Number : 4184C
Sorbic International PLC
19 January 2015
Press Release 19 January 2015
Sorbic International plc
("Sorbic" or the "Company")
Director Appointment
Sorbic International plc (AIM:SORB), the third largest sorbates
producer in China, announces today that Jay Newman has been
appointed to the Board as a Non-Executive Director, and will serve
on the Company's Remuneration and Audit Committees.
James Shields (Jay) Newman, aged 58, has over 30 years of
experience in international business, particularly in finance and
relating to Greater China. He has managed businesses, teams and
investment portfolios through numerous cycles in Greater China, the
UK and North America. Jay currently advises UK and Chinese boards
on strategy and development. Previously he was Head of Global
Equities and Managing Director of Alliance Trust PLC and a Director
at Citigroup Asset Management. Jay also speaks Mandarin
Chinese.
Mr Newman is currently Non-Executive Chairman of Grand Group
Investment PLC and has had no other directorships in the past five
years.
There is no further information disclosable in respect of Jay
Newman pursuant to Schedule 2 (g) of the AIM Rules for
Companies.
- Ends -
For further information:
Sorbic International plc Tel: +44 (0) 7768 031 454
John McLean, Chairman www.sorbicinternational.com
finnCap (Nomad)
Geoff Nash / Kate Bannatyne Tel: +44 (0) 20 7220 0500
Hybridan LLP (Broker)
Claire Louise Noyce Tel: +44 (0) 20 3713 4581
Media enquiries:
Abchurch Communications
Henry Harrison-Topham / Canace Wong Tel: +44 (0)20 7398 7714
canace.wong@abchurch-group.com www.abchurch-group.com
Notes to Editors: www.sorbicinternational.com
About Sorbic International plc
Sorbic International's principal activity is the production and
sale of the food preservatives Sorbic Acid and Potassium Sorbate
from its base in Linyi City, Shandong Province, Peoples Republic of
China. Approximately half of Sorbic International's production is
sold to overseas markets and half into the Chinese domestic
market.
Sorbic Acid is a naturally occurring organic compound that is
used in all kinds of foods for its anti-decomposition and
anti-fungus function and also in grains, medicines, cosmetics,
toothpaste, tobacco, animal feed, latex, paper-manufacturing and
pesticides. Potassium Sorbate is used to inhibit moulds and yeasts
in many foods, such as cheese, wine, yogurt, dried meat, baked
goods, cosmetics and pharmaceuticals.
Sorbic International operates through its wholly owned
subsidiary Linyi Van Science and Technique Co. Ltd ("LVST").
This information is provided by RNS
The company news service from the London Stock Exchange
END
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