31st Jan 2014 07:00
Press Release | 31 January 2014 |
Sorbic International Plc
("Sorbic" or the "Company")
Trading Update
Notice of AGM and posting of Annual Report and Accounts
Sorbic International plc (AIM: SORB), the third largest sorbates producer in China, is pleased to announce that the current financial year has started well for the Company and that trading is in line with market expectations. The Board will provide a more formal and detailed update at the time of the Company's Annual General Meeting, which will be held at 10.30 a.m. on Tuesday 25 February 2014 at the offices of Stephenson Harwood LLP, 1 Finsbury Circus, London EC2M 7SH.
The Company also announces that printed copies of its Annual Report and Accounts for the year ended 30 September 2013 will be distributed by post to shareholders today, 31 January 2014, together with the Notice of Annual General Meeting and form of proxy. An electronic copy of the Sorbic Annual Report and Accounts 2013 is available from the Company's website at http://www.sorbicinternational.com and will also be available from the registered office of the Company.
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For further information: | |
Sorbic International plc | Tel: +44 (0) 7768 031 454 |
John McLean, Chairman | www.sorbicinternational.com |
finnCap | |
Geoff Nash / Ben Thompson Simon Starr (broking) | Tel: +44 (0) 20 7600 1658 |
Media enquiries:
Abchurch Communications | |
Henry Harrison-Topham / Harriet Rae | Tel: +44 (0) 20 7398 7702 |
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, across 46 countries 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.
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