Investors ponder Hong Kong stake in PureCircle
Natural sweetener supplier PureCircle hit a 52-week high after a new investor took a significant stake in the firm.
Natural sweetener supplier PureCircle hit a 52-week high after a new investor took a significant stake in the firm.
Hong Kong outfit Wang Tak paid just over £9m for a 4.95% stake in PureCircle which specialises in stevia, a herb which can act as a non-calorific sweetener.
Stevia is widely used as a sugar replacement in the making of food and drinks.
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PureCircle has been something of a star on the AIM 100 this year, rising 31.6%, although interim results at the end of March disappointed.
BS
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