Change of control of the Company9 Jan 2025 22:40
Received the following vague email from PXS
Dear Mr XXXXXX
Thank you very much for your email, and for your longstanding shareholding in the company.
Provexis plc is currently listed on AIM which is part of the London Stock Exchange, and it is owned by a large number of different shareholders - the largest of which are as shown here www.provexis.com/shareholder-information/major-shareholders.
The Company is managed and run by its Board of Directors as shown here: www.provexis.com/about-provexis/board-of-directors, and there is some further guidance with regard to the corporate governance of the Company here www.provexis.com/wp-content/uploads/2024/12/Provexis-plc-QCA-Corporate-Governance-Code-December-2024.pdf
A ‘change of control’ is defined here https://uk.practicallaw.thomsonreuters.com/w-004-1885 as being:
‘A change in a company's ownership or management that results in the decision-making capacity of that entity being exercised by a different group of shareholders and/or directors.
This commonly occurs through mergers, consolidations or acquisitions resulting in a change in the ownership of more than 50% of the company's issued voting shares and/or a significant change in the composition of the company's board of directors.’
With kind regards, best wishes and with our thanks again
Fruitflow®+ customer services
Provexis plc
2 Blagrave Street
Reading
Berkshire RG1 1AZ
United Kingdom
Telephone: +44 7490 391888