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NUT Neutrahealth

6.50
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Neutrahealth LSE:NUT London Ordinary Share GB00B062Q126 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 6.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 6.50 GBX

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Date Time Title Posts
16/9/201012:37Neutrahealth- MULTIBAGGER!!43
29/4/200911:03Indian Squirrels1
17/6/200816:02NeutraHealth - Strong Growth Ahead178
06/4/200811:22paypalpower editing posts15
29/5/200710:09Neutrahealth with Charts & News5

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Posted at 16/9/2010 12:37 by puffintickler
Indeed, less than half NAV per share.

However more than double NTAV per share.

Suggests some of that goodwill ought to have been written off !

I suspect not though, Elder obviously see value in underexploited assets.
Posted at 01/2/2010 09:58 by davidosh
There is a feature on NUT here...



You may need to sign up but it is easy and free.
Posted at 16/11/2009 12:42 by blackrabbit
Highest for 18 months after a very strong rise today - perhaps we shall see an announcement later re the price movement. BR.
Posted at 28/9/2009 17:37 by davidosh
RNS Number : 7391Z
NeutraHealth Plc
28 September 2009



28 September 2009




NEUTRAHEALTH PLC ('the Company')




ISSUE OF SHARE OPTIONS







NeutraHealth plc, one of the leading UK vitamins & supplements companies, today announces that it has re-issued share options to the Executive Directors.

The Board considered that the 9,570,369 share options in issue to the Executive Directors with strike prices of between 10p and 13.5p did not sufficiently incentivise performance in the interests of shareholders, and had unrealistic performance conditions given the current market environment.

The number of options cancelled and reissued for Executive Directors are as follows




Number of cancelled options Strike price Number of reissued options New strike price % of Ordinary Share Capital
Ray Myers
3,200,000
10p 5,200,000 4.25p 3.0
Robin Hilton 1,666,666 13.5p 3,666,666

4.25p 2.1
2,000,000 12.5p
James McEuen

703,703 13.5p 2,703,703 4.25p 1.5
2,000,000 12.5p

Total
9,570,369
11,570,369
6.6






The options detailed above are the only options in issue for the named directors.




The options are exercisable in whole or in part two years after being granted and are subject to a minimum adjusted earnings per share of 1.0p being reached and a minimum share price of 6p per share. Adjusted earnings per share excludes the effect of any significant one off items, share options charges, and amortisation of intangible assets arising on acquisition. The adjustments are detailed in the Annual Report each year. The adjusted earnings per share performance condition does not apply on change of control of the business. The options will lapse if not exercised within ten years of the date of grant. The grant was made on 25 September 2009.




Following the grant of options, the aggregate number of Ordinary Shares under option pursuant to any Company option scheme is within the limit described further in the admission document relating to the re-admission of NeutraHealth to AIM on 31 August 2005 following completion of the acquisition of BioCare Limited. The total number of options over Ordinary Shares which have been granted pursuant to the Company's option schemes is 17,736,773 and the number of new shares issuable pursuant to such options represents 10.1% of the Company's issued Ordinary Share capital. These include options over 1,404,500 Ordinary shares representing 0.8% of the Company's issued Ordinary Share capital which are exempt from the limits described in the admission document referred to above.
Posted at 10/9/2009 11:36 by callumross
NUT seem to be missing out on the market rally in small caps over the summer, surprising since their most recent trading statement was positive. Results out next Tuesday so I guess we'll find out more then.
Posted at 20/5/2009 12:34 by callumross
Yes, I agree!. However, at least Rensburg Shepherd who have been sellers for months and thereby depressing the share price, are now no longer holders as a result.
Posted at 29/4/2009 11:03 by greedy rooster
If Elder Pharma want to take NUTs home, they need to be bidding 7p minimum. The partial offer to acquire up to 40% more of the equity at or around 5.5p was not welcomed by the shareholders.

Given trading is improving and costs reducing, the price needs to compensate for better fundamentals.

Elder continue to review their options and the share price seems detached from the likely bid outcome.
Posted at 27/2/2009 08:11 by davidosh
I could feel there was something in the air as posted a couple of days ago....


Potential Offer (NeutraHealth)





TIDMNUT

RNS Number : 9795N
NeutraHealth Plc
27 February 2009

?


NEUTRAHEALTH PLC ("the Company")


POTENTIAL OFFER




NeutraHealth plc, one of the UK's leading vitamin & supplement companies,
announces today that it has received an unsolicited approach from Elder
Pharmaceuticals FZCO ("Elder"), a major shareholder in the Company. This
approach may or may not lead to a partial offer that would result in Elder's
shareholding increasing from 21% to between 50-60%. The indicative partial
offer price is at or around 5.5 pence per share.


As a result, the Board has delayed the announcement of the Company's preliminary
results for the year ending 31 December 2008, which were due for release on 9
March 2009. These results are expected to show revenue of approximately
GBP28.9million, EBITDA of GBP1.9million, before one off items, and Net Debt of
GBP4.3million.


The Board will make further announcements in due course.




However....Why should that delay the results ? That is one thing that we need full knowledge of in a bid situation of any kind.
Posted at 25/2/2009 17:53 by davidosh
The share price has been moving up steadily over the past three months from its lows. Any news ?
Posted at 26/7/2007 08:11 by homewell
another piece of good news.

---------------------------------------------------------------------

Neutrahealth Results& Strategic Investment


RNS Number:8904A
NeutraHealth Plc
26 July 2007




26 July 2007




NEUTRAHEALTH PLC ("the Company")



ANNOUNCEMENT OF 2007 INTERIM RESULTS,
20% STRATEGIC INVESTMENT BY ELDER PHARMACEUTICALS
AND APPOINTMENT OF DIRECTOR

NeutraHealth plc, one of the leading consolidators in the vitamin and
nutraceutical industry, today announces its interim results for the 6 months to
30th June 2007. The Company is also pleased to announce that the NeutraHealth
Board is unanimously supporting an offer from Elder Pharmaceuticals Ltd, a
public company listed on the Bombay Stock Exchange, to take a 20% strategic
investment in NeutraHealth plc at 16p per share.


Financial Highlights

* Turnover increased by 126% to #9.8m (2006 interim: #4.3m)
* EBITDA increased by 19% to #1.14m (2006 interim: #0.96m)
* Adjusted diluted EPS increased by 10% to 0.4p (2006 interim: 0.4p)


Operational Highlights

* Seamless integration of Brunel into the group
* Integration of the TravelGuard and Champneys operations into Brunel
* 24 products launched under the Champneys agreement


Strategic Investment by Elder Pharmaceuticals

* Issue of 35,197,026 shares at 16p raising #5.3 million, net of costs
* Proceeds will be used to fund future acquisitions
* Opportunities for distribution and manufacturing between businesses


Corporate Highlights

* Acquisition of Brunel Healthcare in January 2007 for initial consideration
of #4 million
* Exclusive licensing agreement signed with Champneys Spa Group
* Licensing agreement with Patrick Holford for launch of 20 co-branded
products



Michael Toxvaerd, NeutraHealth Chief Executive, commented:

"We continue to deliver on our promises as a group. Brunel has proved to be a
good acquisition and has fitted into the group very well. Our licensing
agreements including the Patrick Holford agreement announced earlier in July
provide us with brands with strong growth potential.

I am delighted that Elder have recognised the value that has been created in
NeutraHealth. Their investment will help us secure further acquisitions that may
enhance earnings over and above the growth being created this year."




For more information:


NeutraHealth plc
Martin Gatto, Chairman 07778 749 223
Michael Toxvaerd, Chief Executive 07730 581 584
Robin Hilton, Finance Director 07738 018 411

KBC Peel Hunt
Matt Goode 020 7418 8900

Pelham Public Relations
James Henderson 020 7743 6672






CHIEF EXECUTIVE'S STATEMENT

The Group has had a good first six months to the year, significantly increasing
turnover and achieving earnings growth. EBITDA rose by 19% to #1.14 million,
which was a satisfactory performance given investment in new products, alliances
and marketing.

The Group has been very active on the corporate front. In January we announced
an exclusive licensing agreement with Champneys which has led to the launch of a
new health and beauty range of vitamins and supplements to be sold through major
retail outlets under the Champney's name. This is an important development for
the group enabling NeutraHealth to exploit the emerging trend of consumers
paying attention to inner health to improve outward appearance. This
announcement was followed by the acquisition of Brunel Healthcare Ltd
("Brunel"). Brunel is an established supplier of nutraceutical products and
over the counter medicines sold by major retailers across the UK including
Alliance Boots, Tesco, Holland & Barrett, Superdrug and Waitrose.

The integration of Brunel has been very successful, causing little distraction
to the business and allowing Brunel to progress key projects for growth. A three
year supply agreement underpinning 20% of group revenue was signed in April
2007, and a range of CoQ10 products were launched in April also. Our assessment
of Brunel's positioning in the over the counter medicines market has concluded
that there are value adding opportunities through acquisition of companies and
product licences in that market. NeutraHealth has extended it's strategy to
encompass these opportunities as part of the "Investing in Wellbeing" strategy.
The strength of Brunel's performance has led us to recognise the earn out
liability for 2007 as a liability in these interim figures.

In December last year the Group launched a suite of consumer products under the
TravelGuard brand. This range has already achieved listings in multiple
retailers and distribution across 1,100 outlets, and the Company continues to
market these travel products over the busy summer travel season. We continue to
believe in the long term potential of this product.

The Champneys product range of supplements was well received at launch in March
2007, and negotiations are ongoing for a roll out of these products across major
retailers in Q3 and Q4 this year.



Outlook

The second half of 2007 started well with the acquisition of Health Products for
Life in early July at the same time as signing a licensing agreement with
Patrick Holford, the world renowned nutrition expert to develop and launch a
range of up to 20 co-branded BioCare / Patrick Holford products. The agreement
also sees Patrick Holford take up a role as Head of Science and Education for
BioCare.

Health Products for Life is a direct to consumer website that will be developed
further to provide a platform for mail order orientated products.

The outlook for the year is good. Significant growth opportunities have been
progressed over the last six months, requiring costs of approx. #0.3m.
Management are confident in achieving significant EPS growth in 2007.

NeutraHealth has positioned itself at the forefront of the self improvement and
well being markets. These areas are amongst the fastest growing within the
global healthcare market and the Group with its multi-faceted UK and
International retail offerings is well positioned for strong future growth.




Elder Pharmaceuticals Ltd

Elder manufactures, distributes and markets a range of pharmaceutical products
and brands. Elder has a focus on three therapeutic segments - women's health
care, wound care and nutraceuticals. The full product portfolio extends to
products for cardiology, diabetes, central nervous system health and
antibiotics, all manufactured in a range of delivery formats including capsules
and liquids.


A number of products are market leaders in India, including:


* Shelcal: a calcium supplement that helps protect against osteoporosis.
It has a 30.5% market share, and generates 15% of annual revenue,

* Chymoral: an anti-rheumatic enzyme that helps with wound care
management. It has a 80.7% market share, generating 6% of annual revenue,

* Eldervit: an injectable vitamin B12 product, with a 40.5% market
share, generating over 3% of annual revenue.


Elder's revenue for the year ending 31 March 2007 was INR4.66 billion (c. #56
million) with an EBITDA of INR0.89 billion (c. #11 million). The market
capitalisation on 30 June 2007 was INR7.86 billion (c. #94 million), with 37.2%
of the shares being held by the promoters of Elder. The largest other
shareholders are ACRAF S.p.A (14.10%), Citicorp International Finance
Corporation (9.32%) and CBC Bahrain - FII Equity Fund (5.08%).

Elder is listed on the Bombay Stock Exchange Ltd with a Scrip ID of ELDERPHARM
and a Scrip code of 532322 and on the National Stock Exchange of India Ltd, with
Scrip ID ELDERPHARM. Further information is available from the Elder's website
at www.elderindia.com


Offer for Subscription

On 25 July 2007, the Company accepted Elder's offer to subscribe for 35,197,026
Ordinary shares. NeutraHealth agreed, subject to its Directors' fiduciary
duties, to send a notice to its Shareholders to convene the Extraordinary
General Meeting on or before 31 August 2007 and to recommend that Shareholders
vote in favour of the Resolutions.

NeutraHealth agreed to give some limited warranties relating, inter alia, to its
business in favour of Elder subject to agreed limitations of liability. The
warranties lapse at the close of business on 25 July 2008.

The subscription price of 16 pence per share represents a premium of 4.25 pence
(36%) to the mid-market price of an Ordinary Share as at the close of business
on 25 July 2007.


Warrants

Pursuant to the offer for subscription by Elder and subject to passing the
Resolutions at the EGM, NeutraHealth shall enter into a Warrant Deed in favour
of Elder. The Warrants will confer on Elder a right to subscribe for Ordinary
Shares should any further shares be issued by NeutraHealth such that their
shareholding remains as 20%. The price of any such subscription depends upon
the circumstances of the issue of new shares and could be the market value of
the shares at the relevant time, the value paid for shares by other investors or
the value attributed to the Company's shares on any acquisition.

The Warrants lapse in certain circumstances including lapsing automatically on
the Maturity Date if not exercised on or before that date.


Appointment of Director

Pursuant to the Offer for Subscription, NeutraHealth has also conditionally
agreed to appoint Mr Jagdish Kantisarup Saxena (67) as a Director of the Board.

Mr Saxena has been the Managing Director of Elder since 1988, and is the founder
and current Chairman. His career started as an officer in the Indian Air Force.
He has 40 years experience within pharmaceuticals, having had responsibility in
his career for all aspects of production, sales, marketing, and new product
development.


Present directorships Past directorships


Elder Pharmaceuticals Limited Stiefel India PVT Ltd

Elder Health Care Limited

Elder Projects Limited

Haw Par Elder (India) PVT Ltd



Save as disclosed in this announcement, there are no further matters set out in
Schedule 2 paragraph (g) of the AIM Rules which are required to be disclosed.




Consolidated Income Statement
Six months ended 30 June 2007
Unaudited Unaudited Audited
6 months 6 months 12 months
2007 2006 2006
#'000 #'000 #'000

REVENUE 9,786 4,320 8,571

Cost of sales (5,965) (2,024) (4,025)

Gross profit 3,821 2,296 4,546

Administrative expenses (2,908) (1,548) (3,413)

PROFIT FROM OPERATIONS 913 748 1,133

Investment revenues 24 31 70
Finance costs (283) (156) (301)

PROFIT BEFORE TAX 654 623 902

Income tax expense (188) (154) (312)


PROFIT FOR THE PERIOD 466 469 590

Earnings per share
Basic 0.3p 0.4p 0.4p

Diluted 0.3p 0.3p 0.4p






Consolidated Statement of Equity
Six months ended 30 June 2007
Share Other Retained Total
capital reserves earnings
#'000 #'000 #'000 #'000

At 1 January 2007 14,079 378 543 15,000

Profit for the year - - 466 466
Recognition of share based payments - 65 - 65
Cashflow hedges recognised - 22 - 22

At 30 June 2007 14,079 465 1,009 15,553



Consolidated Balance Sheet
At 30 June 2007

Unaudited Unaudited Audited
30 June 30 June 31 December
2007 2006 2006
#'000 #'000 #'000
ASSETS
Non-current assets

Goodwill 18,449 15,623 15,649
Other intangible assets 1,519 86 109
Property, plant & equipment 1,212 510 522
Derivative financial instruments 22 - -
Deferred tax assets 110 97 52

21,312 16,316 16,332

Current assets
Inventories 3,099 669 852
Trade and other receivables 2,769 1,033 1,136
Cash and cash equivalents 1,223 1,878 1,172

7,091 3,580 3,160



Total assets 28,403 19,896 19,492

EQUITY AND LIABILITIES
Capital and reserves
Share capital 14,079 13,285 14,079
Other reserves 465 108 378
Retained earnings 1,009 422 543

Total equity attributable to equity holders 15,553 13,815 15,000
of the parent

Non-current liabilities
Bank loan 6,497 3,074 2,602
Obligations under finance leases 30 - -
Deferred tax liabilities 222 57 74

6,749 3,131 2,676

Current liabilities
Trade and other payables 4,553 1,769 758
Current tax liabilities 422 516 103
Obligations under finance leases 150 - 10
Bank overdrafts and loans 976 665 945

Total liabilities 6,101 2,950 1,816


Total equity and liabilities 28,403 19,896 19,492





Consolidated Cash Flow Statement
Six months ended 30 June 2007
Unaudited Unaudited Audited
6 months 6 months 12 months
2007 2006 2006
#'000 #'000 #'000

OPERATING ACTIVITIES

Cash receipts from customers 10,246 4,332 8,471
Cash paid to suppliers and employees (9,156) (3,695) (7,598)

Cash generated from operations 1,090 637 873

Income taxes paid (21) - (531)
Interest paid (43) (177) (302)

Net cash from operating activities 1,026 460 40

INVESTING ACTIVITIES

Interest received 24 31 66
Proceeds on disposal of available-for-sale investments - 5 6
Proceeds on disposal of property, plant & equipment - - 3
Purchases of property, plant & equipment (65) (156) (193)
Payments for intangible assets (5) - (61)
Acquisition of subsidiary (4,769) (542) (560)

Net cash used in investing activities (4,815) (662) (739)

FINANCING ACTIVITIES

Repayment of borrowings - (200) (400)
Repayment of obligations under finance leases (72) (9)
New bank loans raised 3,912 - -

Net cash from financing activities 3,840 (200) (409)



Net (decrease) / increase in cash and cash equivalents 51 (402) (1,108)

Cash and cash equivalents at the beginning of the period 1,172 2,280 2,280


Cash and cash equivalents at the end of the period 1,223 1,878 1,172




Notes to the Consolidated Financial Statements


1. Basis of preparation

This report was approved by the Directors on 24 July 2007. The unaudited interim
consolidated financial statements for the six months to 30 June 2007 have been
prepared in accordance with International Financial Reporting Standards. The
accounting policies applied in these interim financial statements are those that
the group expects to apply in its annual financial statements for the year ended
31 December 2007. The same accounting policies and methods of computation are
followed in this interim financial report as were published by the Company in
its Report and Accounts 2006. A copy of this document is available on the
Company's website at www.neutrahealthplc.com

The interim financial statements do not constitute statutory accounts of the
group within the meaning of section 240 of the Companies Act 1985. Statutory
accounts for the year ended 31 December 2006 have been filed with the Registrar
of Companies. The auditors' report on those accounts was unqualified.

The reconciliation of EBITDA before one off costs to Profit from Operation is as
follows:
Unaudited Unaudited
6 months 6 months
2007 2006
#'000 #'000

EBITDA 1,144 959
Amortisation of intangible assets acquired from subsidiaries (51) (2)
Charge for share based payments (65) (60)
Depreciation (115) (39)
Aborted costs of acquisition - (11)
Relocation and integration of acquisition - (99)

Profit from Operations 913 748



2. Significant Accounting Policies

The following are the major and / or new accounting policies of the Group. The
financial statements for the year ended 31 December 2006 provide more complete
details of the Group's accounting policies

Basis of Consolidation

The consolidated financial statements incorporate the financial statements of
the Company and the entities controlled by the Company (its subsidiaries).
Control is achieved where the Company has the power to govern the financial and
operating policies of an entity so as to obtain benefits from its activities.

The results of subsidiaries acquired during the year are included in the
consolidated income statement from the effective date of acquisition.

Where necessary, adjustments are made to the financial statements of
subsidiaries to bring their accounting policies into line with those of other
members of the group.

All intra-group transactions, balances, income and expenses are eliminated on
consolidation.



Business Combinations

The acquisition of subsidiaries is accounted for using the purchase method. The
cost of the acquisition is measured at the aggregate of fair values, at the date
of exchange, of assets given, liabilities incurred or assumed, and equity
instruments issued by the Group in exchange for control of the acquiree, plus
any costs directly attributable to the business combination. The acquiree's
identifiable assets, liabilities and contingent liabilities that meet the
conditions for recognition under IFRS 3 are recognised at their fair values at
the acquisition date, except for non-current assets that are classified as held
for sale in accordance with IFRS 5 Non-Current Assets Held for Sale and
Discontinued Operations, which are recognised and measured at fair value less
costs to sell.

Goodwill arising on acquisition is recognised as an asset and initially measured
at cost, being the excess of the cost of the business combination over the
Group's interest in the net fair value of the identifiable assets, liabilities
and contingent liabilities recognised. If, after reassessment, the Group's
interest in the net fair value of the acquiree's identifiable assets,
liabilities and contingent liabilities exceeds the cost of the business
combination, the excess is recognised immediately in profit or loss.

In the event that the acquisition includes conditional earn-out consideration,
the Group recognises the liability for the earn out when it is considered likely
that the necessary conditions are met. The liability is recorded at its fair
value on the date of recognition.



Other Intangible Assets

Other Intangible fixed assets include trademarks, website costs and key
customer relationships.

Trademarks are stated at fair value less accumulated amortisation if acquired in
a business combination or at purchase cost for subsequent additions. Trademarks
are valued on an individual basis and amortised over their estimated useful
lives of between 5 and 20 years.

Website costs are stated at cost less accumulated amortisation. Amortisation is
charged over the estimated useful life of 5 years and is included within
administrative expenses

Key customer relationships are stated at fair value less accumulated
amortisation if acquired in a business combination. Key relationships are valued
on an individual basis and amortised over their estimated useful lives of
between 10 and 20 years.



Derivatives and Hedge Accounting

The Group uses derivative financial instruments ("derivatives") to hedge its
exposure to interest rate fluctuations. The Group does not hold or issue
derivatives for trading purposes.

Derivatives are recognised initially at cost. Subsequent to initial recognition,
derivatives are stated at fair value. The fair value of forward exchange
contracts is their market value at the balance sheet date, being the present
value of the future expected cashflows

The gain or loss on re-measurement to fair value is recognised directly in
equity, as is permissible for derivatives designated as a hedge of the
variability in cash flows of a highly probable forecast transaction ("a hedging
instrument").




3. Revenue

The whole of turnover is attributable to one principal activity of the Group,
being the sale and distribution of nutraceutical products. For management
purposes, all results are reported as part of this single activity.

All turnover originates in the United Kingdom. A geographical analysis of
turnover by destination is as follows:

Unaudited Unaudited Audited
6 months 6 months 12 months
2007 2006 2006
#'000 #'000 #'000

United Kingdom 9,159 3,747 7,550
Europe (excluding UK) 545 453 822
Rest of world 82 120 199

9,786 4,320 8,571



4. Earnings per share
Unaudited Unaudited Audited
6 months 6 months 12 months
2007 2006 2006
#'000 #'000 #'000
Earnings
Earnings for the purposes of basic and diluted earning per share
(profit for the period attributable to equity holders of the parent) 466 469 590
Added back to calculate Adjusted EPS
- amortisation of separately identifiable intangible assets
arising on acquisition 51 2 3
- charge for share based payments 65 60 124

Earnings for the purposes of Adjusted EPS 582 531 717



'000 '000 '000

Number of shares
Weighted average number of ordinary shares for the purposes of
basic earnings per share 140,788 132,852 135,483

Effect of dilutive potential ordinary shares:
Final consideration for purchase of BioCare Ltd - 7,143 -
Share options 609 2,421 2,175


Weighted average number of ordinary shares for the purposes of
diluted earnings per share 141,397 142,416 137,658





5. Acquisition of Subsidiary

On 23rd January 2007, the Group acquired 100% of the issued share capital of
Brunel Healthcare Limited for initial consideration of #4.2 million including
directly attributable costs. The transaction has been accounted for by the
purchase method of accounting.

The vendors of Brunel Healthcare Limited can increase the total consideration
payable through an earn out, by attaining targeted increases in profit as
follows:

* For 2007, up to #0.8 million on attaining greater than 30% PBIT growth
from 2006 levels;

* For 2008, up to #1.1 million on attaining greater than 70% PBIT growth
from 2006 levels;

* The consideration is calculated pro-rata on performance, with 25%
payable in shares at NeutraHealth's discretion; and

* The earn out may be extended into 2009 with reduced consideration
payable

The net assets acquired in the transaction, and the goodwill arising, are
as follows:



Book Value Fair Value Fair Value
Adjustments

#'000 #'000 #'000

Net assets acquired:
Property, plant and equipment 705 - 705
Intangible assets - 1,462 1,462
Inventories 1,989 - 1,989
Trade receivables 1,837 (20) 1,817
Other receivables 92 - 92
Cash at Bank 174 - 174
Trade payables (2,349) - (2,349)
Other payables (608) - (608)
Borrowings (741) - (741)
Hire purchase liability (242) - (242)
Deferred tax liability (151) - (151)

706 1,442 2,148

Goodwill 2,804

Total consideration 4,952

Satisfied by:
Cash 4,000
Deferred consideration 750
Directly attributable costs 202

Net Cashflow arising on acquisition:

Cash consideration paid (4,202)
Borrowing acquired (741)
Cash acquired 174

(4,769)





This information is provided by RNS
The company news service from the London Stock Exchange
END
Neutrahealth share price data is direct from the London Stock Exchange

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