Quoram PLC Re. Investment (4389C)
April 16 2013 - 3:23AM
UK Regulatory
TIDMQRM TIDMPHC
RNS Number : 4389C
Quoram PLC
16 April 2013
QUORAM PLC
(AIM: QRM)
Acquisition of Shares in Plant Healthcare
The directors of Quoram announce the acquisition today of
844,400 shares in Plant Healthcare at price of 78p, for a total
consideration of GBP658,632. The holding represents 1.2% of PHC's
issued ordinary share capital following the issue of 17,119,444
shares pursuant to its recent placing and subscription.
Plant Healthcare which is quoted on AIM and CISX (PHC.L) is a
leading provider of novel patent protected biological products to
the global agriculture markets. PHC's key products are based on its
proprietary Harpin technology which is used to trigger growth and
self-defence mechanisms within the plants, stimulating more robust
plant health and increased yield. These have demonstrated
commercial success around the world and have been applied to over
10 million acres (approximately 4 million hectares) of crops. PHC's
other products include Myconate, a biological plant growth
stimulant which works by stimulating the colonisation of plant
roots by beneficial micro-organisms called mycorrhizal fungi and
enabling each plant to draw more nutrients and moisture out of the
soil. PHC also has a range of other fertiliser and plant nutrient
products.
Further information on Plant Healthcare can be found on the
company's website www.planthealtchare.com
Contacts
Bluebird Energy plc www.quoram.co.uk
James Ede-Golightly - Chairman +44 (0) 1225 428139
WH Ireland Limited www.wh-ireland.co.uk
John Wakefield +44 (0) 117 945 3470
This information is provided by RNS
The company news service from the London Stock Exchange
END
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