Last checked at 6 Apr 2009 14:00
6 April 2009
Genus plc
("Genus" or "the Company")
Appointment of Broker and Adviser
Genus plc, a world leading animal genetics company, announces that it has appointed Singer Capital Markets Limited ("Singer") as joint stockbroker and joint financial adviser with immediate effect.
The appointment of Singer novates that of Teathers and following this appointment Genus' stockbrokers and advisers are Morgan Stanley (lead financial adviser), KBC Peel Hunt (joint stockbroker) and Singer (financial adviser and joint stockbroker).
For further information, please contact:
Genus plc Tel: 01256 345970
Richard Wood, Chief Executive
John Worby, Finance Director
Singer Capital Markets Limited Tel: 020 3205 7500
Shaun Dobson, Managing Director
About Genus
Genus creates advances to animal breeding through biotechnology and sells added value products for livestock farming and food producers. Its non-genetically modified organism technology is applicable across all livestock species but is only commercialised by Genus in the bovine and porcine farming sectors.
Genus' worldwide sales are made in seventy countries under the trade marks "ABS" (dairy and beef cattle) and "PIC" (pigs) and comprise semen and breeding animals with superior genetics to those animals currently in production. Customers' animals produce offspring with greater production efficiency, milk and meat output and quality and use these to supply the global dairy and meat supply chain.
The Group's competitive edge has been created from the ownership and control of proprietary lines of breeding animals, the biotechnology used to improve them and its global production and distribution network.
Headquartered in Basingstoke, England, Genus companies operate in 30 countries on six continents, with research laboratories located in Madison, Wisconsin, USA.