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13 May 2009 13:15
13 May 2009
PLANT HEALTH CARE PLC
("Plant Health Care" or "the Company")
Directors' Dealings
Following the successful completion of a placing to raise £10.5 million ("the Placing") and the Admission of the new Ordinary Shares to trading on AIM this morning, Plant Health Care (AIM: PHC) announces that Directors of the company subscribed for £211,500 in the Placing and in aggregate for 141,000 new Ordinary Shares.
The table below outlines the beneficial interests of the Directors that participated in the Placing:
|
Name of Director |
Allotted in Placing |
Post- Placing |
%age holding |
Options |
|
A Fischer |
8,333 |
148,116 |
0.28 |
225,000 |
|
D Buckeridge |
66,001 |
70,499 |
0.14 |
NIL |
|
D Koechlin |
33,333 |
35,402 |
0.07 |
NIL |
|
J Scudamore |
20,000 |
24,498 |
0.05 |
NIL |
|
S Wauchope |
13,333 |
68,564 |
0.13 |
NIL |
|
Total holdings |
141,000 |
347,079 |
0.67 |
The net proceeds of the Placing will be used to strengthen the Company's balance sheet and provide working capital for the Group.
Enquiries:
|
Plant Health Care plc |
|
|
John Brady, Chief Executive Officer |
|
|
Tel: +1-603-525-3702 |
|
|
jabrady@planthealthcare.com |
|
Evolution Securities |
Tavistock Communications |
|
Tim Worlledge / Tim Redfern |
Jeremy Carey/Matt Ridsdale |
|
Tel: +44-20-7071-4300 |
Tel: +44-20-7920-3150 |
|
tim.worlledge@evosecuties.com tim.redfern@evosecuties.com |
jcarey@tavistock.co.uk mridsdale@tavistock.co.uk |
About Plant Health Care plc:
Plant Health Care plc is a leading provider of natural products for plants and soil. Established in 1995 in Pittsburgh (Pennsylvania) in the United States, Plant Health Care currently has approximately 90 employees and has operations in the United States, Mexico, the United Kingdom, Spain, and the Netherlands. The Company listed on the AIM market of the London Stock Exchange in July 2004. Ticker symbol is PHC.
Plant Health Care's products are aimed at the agriculture and landscape industries and are environmentally beneficial. Through the commercialisation of these products, Plant Health Care is capitalising on current long-term trends toward natural systems and biological products for plant care and soil and water management. Further information is available at: www.planthealthcare.com
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