9th Jun 2008 16:52
RNS Number : 3154W
Provexis PLC
09 June 2008
9 June 2008
Provexis PLC (the "Company")
Response to Share Price Movement
The Company notes its movement in share price and can confirm it is in negotiations with investors with a view to securing further funds via an equity placing in order to develop its core Fruitflow heart-health technology and pipeline technologies. It has already received support in principal from a global trade investor to provide up to 50 per cent. of the funds required.
The Directors expect to update shareholders in due course.
For further information please contact:
Stephen Moon, CEO
Tel: 01753 752290
Chris Steele
Adventis Financial PR
Tel: 020 7034 4759
This information is provided by RNS
The company news service from the London Stock Exchange
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Provexis