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Tue, 12th Nov 2019 18:28
(Alliance News) - Plant Health Care PLC said on Tuesday Ospraie AG Science LLC has acquired shares in the company.
The agriculture-focused biological products provider said in the transaction on Tuesday, Ospraie acquired 34.5 million shares, representing 16.7% stake in the company.
Plant Health Care shares closed 3.3% lower in London at 7.95 pence each on Tuesday.
By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com
Copyright 2019 Alliance News Limited. All Rights Reserved.
Plant Health Care, a producer of 'naturally derived' agricultural products, has reported flat revenue for the half year ended June 30th with sales of its Harpin and Myoconate products up 49 per cent in a period of 'significant change' for the sector. The loss before tax for the period came in slig
Read morePlant Health Care's Harpin crop-productivity technology has been shown in tests to increase the marketable yield when used on potatoes. The company, which uses natural biological solutions to modify how plants grow, saw its share price enjoy its own growth spurt as it revealed that recent trials by
Read moreDavid Hempleman-Adams, a non-executive director of power controller manufacturer XP Power, has purchased two lots of shares less than a week after the firm cautioned over its revenues. The first purchase saw Hempleman-Adams, who joined the firm in 2008, snap up his first round of shares in the fir
Read morePlant Health Care, a producer of "naturally derived" agricultural products, says tests of its harpin seed treatment "delivers added yield over and above traditional insecticide/fungicide seed treatment combinations." The test results show the addition of Plant Health Care's harpin-based N-Hibit pro
Read moreBillionaire property investor John Whittaker bought another round of shares in Capital Shopping Centres (CSC), bringing his total stake to more than 20%. Whittaker, who is deputy chairman and a non-executive director of CSC, purchased 306,500 shares of 50p each at an average price of 321.475p per
Read moreFertiliser group, Plant Health Care, said it was looking to the future with "renewed optimism" after cutting losses in the first half of 2011. The firm posted operating losses of £3.74m for the six months to the end of June, compared to a £4.55m loss the year before. Loss before tax narrowed to $3.
Read moreStocks finished deep in the red, giving up an earlier rally, after a poor showing on Wall Street. Energy supplier Scottish & Southern Energy suffered after going ex-dividend. Meanwhile, sector peer Centrica also fell, albeit by a lesser extent, after utilities firm British Gas (owned by Centrica)
Read moreShares in fertiliser group Plant Health Care shot up after it said it had signed an agreement for its plant growth compound Myconate to be sold alongside Dutch seed treatment group INCOTEC's seed treatment packages. No financial terms of the deal were disclosed. "This is an important breakthrough
Read moreThe FTSE 100's hesitant performance since Monday's dive has continued, with the top share index closing just a few points higher. Among the risers was Man Group whose adjusted profit before tax rose to $599m in the year to 31 March from $560m the year before, ahead of company guidance. Statutory pr
Read moreTrading in the first half to date at Plant Health Care has been in line with expectations, with the group seeing an uplift in sales of over 20% compared with the same period in 2010. The agricultural plant care, soil and water management products group said that this has been helped by strong perfo
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Read moreAIM-quoted Plant Health Care (PHC) has strengthened its balance sheet and increased its focus on the Harpin and Myconate natural plant growth products, where it owns the intellectual property. By partnering with the likes of Monsanto, Syngenta, Legacy Seeds and ABF-owned Germains Seed Technology,
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