QRM.L Regulatory News (QRM)

QUORAM PLC

(AIM: QRM)

Acquisition of Shares in Plant Healthcare

The directors of Quoram announce the acquisition today of 844,400 shares in Plant Healthcare at price of 78p, for a total consideration of £658,632. The holding represents 1.2% of PHC's issued ordinary share capital following the issue of 17,119,444 shares pursuant to its recent placing and subscription.

Plant Healthcare which is quoted on AIM and CISX (PHC.L) is a leading provider of novel patent protected biological products to the global agriculture markets. PHC's key products are based on its proprietary Harpin technology which is used to trigger growth and self-defence mechanisms within the plants, stimulating more robust plant health and increased yield. These have demonstrated commercial success around the world and have been applied to over 10 million acres (approximately 4 million hectares) of crops. PHC's other products include Myconate, a biological plant growth stimulant which works by stimulating the colonisation of plant roots by beneficial micro-organisms called mycorrhizal fungi and enabling each plant to draw more nutrients and moisture out of the soil. PHC also has a range of other fertiliser and plant nutrient products.

Further information on Plant Healthcare can be found on the company's website www.planthealtchare.com