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Pin to quick picksPlant Health Regulatory News (PHC)

Share Price Information for Plant Health (PHC)

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Share Price: 5.75
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Change: -0.075 (-1.29%)
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Open: 5.825
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Distribution Agreement

1 Jun 2006 07:01

Plant Health Care PLC01 June 2006 Embargoed until 7am 1 June 2006 Plant Health Care Plc ("PHC" or "Plant Health Care") First Distribution Agreement in China Plant Health Care is pleased to announce its entry into the rapidly expandingChinese market, with a distributor agreement with Beijing Plant Health Care Inc. Beijing PHC will purchase goods manufactured by PHC for distribution and sale todistributors and end users for use in landscaping, arboriculture, nursery,floriculture and sports turf within China's 'green industry'. Initially theproducts will be available within 11 Chinese provinces, covering the areabetween Beijing and Shanghai. The venture will begin as a 5 year renewableagreement. Activity in China has reinforced the viability of this partnership with BeijingPHC. China has announced a 'Total Commitment' to improve its Environmental andBeautification Programme announcing recently to spend US$61 billion on all majorcities and projects in China. Plant Health Care USA believes this China Business is the launch pad forincreased business for PHC given China's commitment to the environment and thebeautification of its country. -ends- For further information please contact: John Brady Jeremy Carey/Christian Taylor-WilkinsonPlant Health Care Tavistock CommunicationsTel: 001 6035253702 Tel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange
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