LONDON (AFX) - Provexis PLC said it has entered into a long-term collaboration agreement with Unilever PLC to jointly develop a new concentrated format of its patented Fruitflow heart-health technology for application in Unilever's food product portfolio.

Financial details of the deal were not disclosed.

The partners plan to enter into a global licence arrangement for the technology.

Fruitflow is a patented natural extract from tomato which Provexis said has been shown in human trials to reduce the propensity for aberrant blood clotting that is typically associated with cardiovascular disease and which can lead to heart attack or stroke.

In 2005 the market for heart benefit foods was worth 4 bln usd globally, Provexis added.

Considering the growth potential this share has a target of about 8-10p in the medium tern and is a good buy at current levels

As usual, pls do ur own research.

uhg messy

That reminds memust phone my friends in Salt lake city

are you speaking from experience cynic....

no longer, but that may be just down to old age

Should have been Sircocised.

I'll get my coat.

I'll bring some shears and a pair of pliers, could be a bit tough going on cynic.

wakey wakey guys ..... i'm jewish so had it done just over 63 years ago! ..... vasectomy was rather later

What with all that cyclingthe old nuts have really gone through the mangle?

What with all that cyclingthe old nuts have really gone through the mangle?

stutter rap?

Twice? He must be in a bad way!

that just felt like a gentle massage from the likes of whatever-her-name .... ah; sabrina it seems on referring elsewhere

Cynicit was worth every penny I done on herlovely girl she should have finished third

saw about 10 mins of the prog last night ...... even Beloved who used to be a fan (but then she likes all sorts of other rubbish too) does not care for this now

RNS Number : 5044D - Provexis PLC - 03 December 2009

Open Offer of up to 85,211,664 new Ordinary Shares at 2.5 pence per share
on the basis of 1 Offer Share for every 12 Existing Shares with Excess
Application Facility

The Board of Provexis today announces that it proposes to raise up to
approximately GBP2.1 million (before expenses) by way of an Open Offer. The Open
Offer follows the completion of the Subscription by the Company, as announced on
25 September 2009. The Company is able to undertake the Open Offer within the
authorities that were approved by Shareholders at the annual general meeting of
the Company held on 15 October 2009. There is no requirement for Shareholders to
vote on the Open Offer. Qualifying Shareholders may subscribe for Offer Shares
above their basic pro rata Open Offer Entitlements if they so wish under the
Excess Application Facility.

Reasons for the Open Offer

The Company announced on 25 September 2009 a subscription by new and existing
shareholders of 200,000,000 new Ordinary Shares at a price of 2.5p per share to
raise GBP5 million before commission and expenses. The subscription price
represented a discount of approximately 72.2 per cent. to the closing mid-market
price of 9 pence per Ordinary Share on 24 September 2009, being the last dealing
day prior to the announcement of the Subscription.

While the Directors believed the Subscription to be in the best interests of the
Company and Shareholders as a whole, they considered it appropriate that all
Shareholders should be offered the opportunity to participate at the same price
per share as those subscribing for the Subscription. At the time of the
Subscription an offer to existing Shareholders by way of a rights or other
pre-emptive issue was not practicable or feasible due to the delays that would
be incurred.

Following the completion of the Subscription, the Directors are now able to
proceed with an open offer to allow Shareholders to invest in the Company at the
same price per share as those subscribing in the Subscription.

Details of the Open Offer

Qualifying Shareholders are invited to apply for Offer Shares under the Open
Offer at a price of 2.5 pence per Offer Share, payable in full on application
and free of all expenses, pro rata to their existing shareholdings on the basis
of:

1 Offer Share for every 12 Existing Ordinary Shares

held at the Open Offer Record Date. Entitlements of Qualifying Shareholders will
be rounded down to the nearest whole number of Offer Shares. Fractional
entitlements which would have otherwise arisen will not be issued. The Open
Offer is subject to Admission becoming effective by 8.00 a.m. 22 December 2009
(or such later date being not later than 8.00 a.m. on 30 December 2009, as the
Company may decide).

The Offer Shares will, when issued and fully paid, rank pari passu in all
respects with the Existing Ordinary Shares, including the right to receive all
dividends and other distributions declared, made or paid after the date of
Admission.

The Offer Shares have not been placed subject to clawback nor have they been
underwritten. Consequently, there may be either no Offer Shares or fewer than
85,211,664 Offer Shares issued pursuant to the Open Offer.

The Open Offer has been structured so as to allow Qualifying Shareholders to
subscribe for Ordinary Shares at the Offer Price pro rata to their existing
holdings. Qualifying Shareholders may, in addition, make applications in excess
of their basic pro rata Open Offer Entitlements. Once subscriptions under the
basic pro rata Open Offer Entitlements have been satisfied, the Company shall
scale back any excess applications on a pro rata basis in proportion to the
total number of Excess Shares applied for under the Excess Application Facility.
To the extent that Offer Shares are not subscribed by Qualifying Shareholders,
Open Offer entitlements will lapse.

Subject to availability, the Excess Application Facility enables Qualifying
Shareholders to apply for any whole number of Excess Shares in excess of their
Basic Entitlement. Qualifying Non-CREST Shareholders who wish to apply to
subscribe for more than their Basic Entitlement should complete the relevant
sections on the Non-CREST Application Form. Qualifying CREST Shareholders will
have Excess CREST Open Offer Entitlements credited to their stock account in
CREST. The Excess Application Facility enables Qualifying CREST Shareholders to
apply for Excess Shares in excess of their Basic Entitlement up to a maximum
number of Excess Shares equal to ninety times the number of Existing Shares
registered in their name as at the Record Date. If however Qualifying CREST
Shareholders wish to apply for more than ninety times the number of Existing
Shares registered in their name as at the Record Date, up to the maximum number
of shares available under the Open Offer the Qualifying CREST Shareholder should
contact Equiniti directly. Excess applications may be allocated in such manner
as the Directors determine, in their absolute discretion, and no assurance can
be given that applications by Qualifying Shareholders under the Excess
Application Facility will be met in full or in part or at all.

PLEASE NOTE: Qualifying Shareholders can apply for as few or as many Offer
Shares as they wish but will only be guaranteed to receive their basic pro rata
Open Offer Entitlement. Excess applications may be fulfilled entirely or may be
scaled back depending on Qualifying Shareholder demand.

Settlement and dealings

Application will be made to the London Stock Exchange for the Offer Shares to be
admitted to trading on AIM. It is expected that such Admission will become
effective and that dealings will commence on 22 December 2009.

Current trading

The Company has today announced its unaudited interim results for the six months
ended 30 September 2009.


Action to be taken in respect of the Open Offer

Shareholders (non-CREST)

Qualifying non-CREST Shareholders will be sent an Application Form which gives
details of your basic Open Offer Entitlements (as shown by the number of basic
pro rata Open Offer Entitlements allocated to you). If Qualifying non-CREST
Shareholders wish to apply for Offer Shares under the Open Offer (including
additional Excess Shares under the Excess Application Facility), they should
complete this Application Form and post it in the accompanying prepaid envelope,
together with payment in full in respect of the number of Offer Shares applied
for to Equiniti, so as to arrive as soon as possible and in any event so as to
be received no later than 11.00 a.m. on 21 December 2009.

Qualifying CREST Shareholders

No Application Form will be sent to Qualifying CREST Shareholders, they will
receive a credit in their appropriate stock account in CREST in respect of the
Open Offer Entitlements representing their basic Open Offer Entitlements and
also in respect of their Excess CREST Open Offer Entitlements, except (subject
to certain exceptions) if they are in the United States, or have a registered
address in, or are resident in United States, Canada, Japan, Australia or the
Republic of South Africa. If Qualifying CREST Shareholders wish to apply for
more than their Excess CREST Open Offer Entitlement they should contact Equiniti
directly.

Qualifying Shareholders can apply for as few or as many Offer Shares as they
wish but will only be guaranteed to receive up to their basic pro rata Open
Offer Entitlement. Excess applications may be fulfilled entirely or may be
scaled back depending on Qualifying Shareholder demand. In the event Excess
Applications are scaled back any excess monies will be returned to non-CREST
Shareholders by cheque and to CREST Shareholders through CREST.

Qualifying CREST Shareholders who are CREST sponsored members should refer to
their CREST sponsors regarding the action to be taken in connection with the
Open Offer.

Open offer 1 for every 12 share held, but ably to apply as many as you like

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

2009
Open Offer Record Date and time
5.00 p.m. on 1 December
Announcement of the Open Offer
3 December
Existing Ordinary Shares marked 'ex' by the London Stock Exchange
3 December
Open Offer Entitlements credit to stock account in CREST of

Qualifying CREST Holders
3 December
Recommended latest time for requesting withdrawal of Open

Offer Entitlements from CREST
4.30 p.m. on 15 December
Latest time for depositing Open Offer Entitlements into CREST
3.00 p.m. on 16 December
Latest time and date for splitting of Application Forms

(to satisfy bona fide market claims only)
3.00 p.m. on 17 December
Latest time and date for receipt of completed Application Forms

and payment in full under the Open Offer or settlement or relevant

CREST instruction (as appropriate)
11.00 a.m. on 21 December
Date of Admission and commencement of dealings of the Offer Shares
22 December
Offer Shares credited to CREST stock accounts
22 December
Date of despatch of definitive share certificates for Offer Shares
29 December

per 884 - prem ej

Who qualifies for the open offer at 2.5p is the question?

I do. Whoopee!

hope i do....:))