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PHC Plant Health Care Plc

8.80
-0.025 (-0.28%)
Last Updated: 11:25:19
Delayed by 15 minutes
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
  -0.025 -0.28% 8.80 8.80 8.85 8.80 8.80 8.80 61,206 11:25:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pesticides, Agric Chems, Nec 11.21M -4M -0.0117 -7.52 30.14M

Plant Health Care PLC Registration of Harpin in France (4133E)

28/10/2022 7:00am

UK Regulatory


Plant Health Care (LSE:PHC)
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TIDMPHC

RNS Number : 4133E

Plant Health Care PLC

28 October 2022

RNS

28 October 2022

PLANT HEALTH CARE plc

("Plant Health Care" or the "Company")

Successful registration of Harpin <ALPHA>ß in France

Plant Health Care(R) (AIM: PHC.L), a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to announce that Harpin <ALPHA>ß has been successfully registered for use as a fertiliser in France by the Agence Nationale De Securitie Sanitaire (responsible for Food, Environmental and Occupational Health & Safety).

This is a major milestone for the Company. France is the largest agricultural producer in the European Union (EU) and this is the first registration of Harpin <ALPHA>ß in Europe. France is one of the few countries in the EU which has a legal framework for biostimulant products. Harpin <ALPHA>ß, under the trademark ProAct, has approval to commercialise in France until November 2030. Harpin <ALPHA>ß is a recombinant protein that acts as a powerful biostimulant, improving the yield and quality of crops. The Company sells Harpin <ALPHA>ß through specialist distributors around the world.

The mutual recognition mechanism will help expand the use of Harpin <ALPHA>ß in other European countries. Europe is the world's largest market for sustainable agriculture with annual sales of over $2 billion.

Harpin <ALPHA>ß has made significant market progress in the US and Brazil and, in the first six months to June 2023, sales of Harpin <ALPHA><BETA> grew 37% to $3.3 million.

Jeff Tweedy, CEO of Plant Health Care, said: "The registration of our core product Harpin <ALPHA>ß in Europe's biggest agricultural market is fantastic news. Harpin <ALPHA> ß is an environmentally friendly, and proven protein technology which improves plant growth and development resulting in higher quality and yields which is vital as the world becomes more concerned about food security."

For further information, please contact:

 
 Plant Health Care plc 
  Jeff Tweedy, CEO                          +1 919 926 1600 
 Cenkos Securities plc - Nomad 
  & Broker 
  Neil McDonald / Pete Lynch                +44 (0) 131 220 9771 
 SEC Newgate (Financial Communications)     +44 (0)7540 10666 
  Robin Tozer / Richard Bicknell             phc@secnewgate.co.uk 
  / George Esmond 
 

About Plant Health Care

Plant Health Care offers products to improve the health, vigour and yield of major field crops such as corn, soybeans, potatoes and rice, as well as specialty crops such as fruits and vegetables. We operate globally through subsidiaries, distributors and supply agreements with major industry partners. Our innovative, patent-protected biological products help growers to protect their crops from stress and diseases, and to produce higher quality fruit and vegetables, with a favourable environmental profile. Find out more at 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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCEAPEXAFDAFFA

(END) Dow Jones Newswires

October 28, 2022 02:00 ET (06:00 GMT)

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