PureCircle Limited Management Changes (7613J)

TIDMPURE

RNS Number : 7613J

PureCircle Limited

17 June 2014

PURECIRCLE LIMITED

("PureCircle" or "the Company")

Management Changes

PureCircle (LSE: PURE), the world's leading producer and marketer of high purity stevia ingredients announces changes in its management committee.

Mr. Jordi Ferre will be appointed to the newly established position of Chief Operating Officer for the Company, effective immediately. In this role, Mr. Ferre reports to the CEO, Magomet Malsagov, and will be driving the optimisation and management of the Company's global operations. This covers leaf sourcing to manufacturing and commercial endeavours. "Having Jordi in this role will strengthen our corporate team as we align ourselves for further global growth," said Mr. Malsagov. "It has always been our vision for stevia to become a mainstream sweetener for food and beverage products around the world. To achieve this vision, we need a consistent and ample leaf supply, the infrastructure to produce and deliver natural sweeteners and flavours and excellent customer service. This will ensure our naturally-sourced stevia is readily available to the market. We believe stevia will help transform 'regular' products, giving them a new, lower caloric norm."

Jordi Ferre brings more than 20 years of international experience in the food and beverage industry to his new position, including since 2008, leadership of the PureCircle Commercial Division, based in the United States. He was instrumental in building and shaping the division, beginning with the launch of Reb A into the U.S., and accompanied by the expansion and establishment of a global organisation, which evolved into a solutions selling provider. Beginning in July, Mr. Ferre will be based at PureCircle's global headquarters in Kuala Lumpur, Malaysia.

Mr. Jason Hecker, Vice President of Global Marketing & Innovation, will replace Mr. Ferre as President of the Commercial Division in Oak Brook, Illinois and will continue to report to him in his new role. Mr. Hecker assumes responsibility for PureCircle's worldwide sales and marketing activities, including leadership across the Company's regional offices in Shanghai, Kuala Lumpur, the United Kingdom, Mexico City and the United States. Over the past five years, Mr. Hecker has worked closely with Mr. Ferre, guiding the Company's marketing and innovation initiatives, which included establishing the Global Stevia Institute, fielding proprietary consumer research on stevia, forging global joint ventures and championing innovation as the Company introduced its Stevia 3.0(TM) platform.

17 June 2014

For more information:

 
 PureCircle Limited (www.purecircle.com) 
 Magomet Malsagov, CEO                      +60 3 2166 2206 
                                            +44 7974 005 
 William Mitchell, CFO                       163 
 
 RFC Ambrian Ltd (NOMAD)                    +61 8 9480 2500 
 Stephen Allen

About PureCircle

PureCircle (www.purecircle.com) is the global leader in production and marketing of high purity stevia ingredients. PureCircle leads the industry with development of a vertically integrated, sustainable and natural supply chain. Stevia is grown for PureCircle across South America, Africa, Asia and the United States where it provides a sustainable cash crop for farming communities. PureCircle has developed a broad portfolio of ingredient solutions and has pioneered such ingredients as Reb A, SG95, and breakthrough proprietary ingredients such as PureCircle Alpha, Reb D, Reb M as well as PureCircle Flavors. PureCircle also established joint venture partnerships with sugar industry leaders to innovatively combine stevia and sugar for natural sweetening solutions and locally support customers. These global partnerships include Tereos PureCircle Solutions, with Tereos and NPSweet A/S with Nordzucker, in Europe. As part of its industry leadership, PureCircle pioneered the trust mark Stevia PureCircle(R), which educates consumers about the benefits of stevia and provides a strong base of trust for both consumers and food and beverage companies alike. The Company also founded The Global Stevia Institute, (globalsteviainstitute.com) the leading resource for accurate, science-based information on stevia led by a global advisory board of internationally recognised health professionals. PureCircle's global headquarters are in Kuala Lumpur, Malaysia. PureCircle shares are traded on the AIM market of the London Stock Exchange plc.

This information is provided by RNS

The company news service from the London Stock Exchange

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