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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Plant Health Care Plc | LSE:PHC | London | Ordinary Share | GB00B01JC540 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.33 | -8.68% | 3.47 | 3.30 | 3.64 | 3.70 | 3.64 | 3.70 | 110,904 | 16:35:23 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Pesticides, Agric Chems, Nec | 11.77M | -9.48M | -0.0278 | -1.31 | 12.43M |
TIDMPHC
Plant Health Care PLC
21 November 2018
21 November 2018
PLANT HEALTH CARE plc
("Plant Health Care" or the "Company")
Plant Health Care ProAct(R) Wins Top Industry Award from Agrow
Plant Health Care(R) , a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to announce ProAct was named Best New Biological Product on 12th November in London at the Agrow Awards.
Highlights:
- ProAct (Harpin ab) has been recognised as Best New Biological Product at the Agrow Awards, a prestigious global industry event
- Research has shown how ProAct works to improve citrus quality, leading to increased production of export quality fruit
- Plant Health Care is leveraging these results to drive sales into citrus and other fruits into export fruit markets in the Americas and Africa
ProAct, which is based on Harpin ab, improves the quality of fruit, so that more are graded for export, thereby increasing returns to growers. Research at Instituto Valenciano de Investigaciones Agrarias, in collaboration with Plant Health Care, showed that ProAct stimulates the mobilisation of calcium in the plant cell wall of citrus fruits, leading to a stronger peel, which is less susceptible to fruit splitting. Moreover ProAct, as a biological product, is certified for residue free fruit and vegtables.
Angel Marin, General Manager of Plant Health Care España S.A., received the award on behalf of the Company.
Harpin ab, the active ingredient in ProAct, has been used on over 13 million acres on multiple crops. Sales have been growing at over 20% a year for the past 5 years.
Chris Richards, Executive Chairman and Interim CEO of Plant Health Care noted: "This award is recognition that Plant Health Care, as a science-based company, can bring new benefits to growers with low toxicity, biological products. We now plan to take these results from Spain into other key citrus growing areas, such as Florida, South Africa and North Africa."
For further information, please contact:
Plant Health Care plc
Chris Richards, Executive Chairman and Interim CEO Tel: +1 919 926 1600
Jeff Tweedy, COO
Arden Partners plc - Nomad and Broker
John Llewellyn-Lloyd / Dan Gee-Summons Tel: +44 (0) 20 7614 5900
IFC Advisory - Financial PR
Graham Herring / Miles Nolan / Zach Cohen Tel: +44 (0) 20 3934 6633
Company website: www.planthealthcare.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
November 21, 2018 02:01 ET (07:01 GMT)
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