Plant Impact Regulatory News (PIM)

21 Feb 2008 07:00

Plant Impact PLC21 February 2008 21 February 2008 Plant Impact plc ("Plant Impact" or "the Company") Placing Plant Impact plc (AIM:PIM), a global developer of technologies that improve cropproductivity by combating the negative effects of environmental stress,announces today that it has successfully placed 3,191,490 new Ordinary Shares ata placing price of 47 pence per share raising £1.5 million (before expenses).The Company expects these shares to be admitted to trading on AIM on 22 February2008. - Ends - For further information, please contact:Plant Impact plcMichael Panteli, Finance Director Tel: + 44 (0) 1772 333 873mike@plantimpact.com www.plantimpact.com Grant Thornton Corporate FinanceNominated AdviserPhilip Secrett Tel: +44 (0) 20 7728 2578philip.j.secrett@gtuk.com www.gtuk.com Hichens, Harrison & Co.Jeremy Chantry Tel: +44 (0) 20 7382 7791Jeremy.chantry@hichens.com www.hichens.com Fiske plcJames Harrison Tel: +44 (0) 20 7448 4700james.harrison@fiskeplc.com www.fiskeplc.com Media enquiries:AbchurchJustin Heath / Monique Tsang Tel: +44 (0) 20 7398 7712monique.tsang@abchurch-group.com www.abchurch-group.com About Plant Impact Plant Impact addresses the increasing global demand for effective, sustainableand ecologically-sound products to combat environmental plant stress and improvecrop productivity. Common environmental plant stresses include drought,salinity, nutrient deficiencies, pests and disease. Plant Impact's advancesproduce practical results that reduce inputs and benefit the whole of theagricultural value chain, providing solutions for growers, food manufacturersand consumers. A broad product portfolio has been developed using these innovative andproprietary eco-technologies, the most advanced of which are already beingmarketed and sold through established agricultural distribution networks.Products for the home and garden market are also distributed direct to consumersthrough reputable high street stores. Current Plant Impact products include: • Alethea(R) - resistance to climate, water and salt stress • CaTTM - resistance to physiological disorders • SpeedoTM - accelerated maturation (more harvests) • PiNTTM - yield improvement in marginal soils • BugOil(R) - benign pest control For further information please visit www.plantimpact.com This information is provided by RNS The company news service from the London Stock Exchange