(Alliance News) - Shares in Provexis PLC surged on Monday after it said it signed a deal with a company which will act as the distributor in China for heart-health food ingredient Fruitflow+ Omega-3.
The food technology company stated the agreement gives the unnamed distributor the exclusive rights to import, market and sell the Fruitflow+ Omega-3 dietary supplement product in China through the Chinese Cross-Border e-commerce channel.
Provexis highlighted a steady growth of subscriber numbers on its website.
Shares in Provexis were trading 40% higher at 1.05 pence each late Monday morning in London. They rose as high as 1.48p earlier, a new 52-week high.
By Ife Taiwo; ifetaiwo@alliancenews.com
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Provexis (PXS)