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.

I do. Whoopee!

hope i do....:))

certainly if you held shares 12/11 you do

Why am I not thrilled to bits ?.....I just want to get shot of the damn things at anything above 10p...(:(

cynic
re - certainly if you held shares 12/11 you do

Why this date?

The qualifying date is 1 December at 5.00pm.
Its at the bottom of the notice

1 Offer Share for every 12 Existing Ordinary Shares
held at the Open Offer Record Date for office work but must hold
till 4.30pm on the 2nd December and going X - placing on the 3er Dec 09

EXPECTED TIMETABLE OF PRINCIPAL EVENTS
+--------------------------------------------------+------------------------+
| Open Offer Record Date and time | 5.00 p.m. on 1 | December | 2009 |
+--------------------------------------------------+------------------------+
| Announcement of the Open Offer | 3 December |
+--------------------------------------------------+------------------------+
| Existing Ordinary Shares marked 'ex' by the | 3 December |
| London Stock Exchange | |
+--------------------------------------------------+------------------------+
| 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 | 3.00 p.m. on 16 |
| Entitlements into CREST | 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 | 22 December |
| of the Offer Shares | |
+--------------------------------------------------+------------------------+
| Offer Shares credited to CREST stock accounts | 22 December |
+--------------------------------------------------+------------------------+
| Date of despatch of definitive share | 29 December |
| certificates for Offer Shares | |
+--------------------------------------------------+------------------------+

Maybe using the phone would be much clear ...........

For further information please contact:
Provexis plc Tel: 01753 752290
Stephen Moon, Chief Executive
Evolution SecuritiesTel: 0207 071 4300

purely because that is when i bought some and have already been advised of allocation

Is this time to fill your boots with as many as you can afford or tread carefully.
Your thoughts would be appreciated.

depends what you fill your boots with .... you read my warning re prem ej!
btw, never got your e-mail ..... would you like my "proper" one?

I have it cyners, would you take up a few excess or not??

yes ..... at 2.5p can't be bad surely

14 Dec is the date I have been given to let the broker know.

You can take up more but I wouldn't hold your breath. Tried to with MRP with no success and I expect this will be the same.

Thanks all.

Here is a video comment on iii ...........

Provexis (PXS)
The alternative health industry is huge. It has as many exponents and fans as it does detractors and charlatans.
But here and there is a company which seem to be a sensible player in a more often than not wild world.

So, Provexis and its digestive comfort products might see it make solid movement on the stockmarket.

iball.iii /2009/12/01 /provexis

http://etp.ciaa.be/documents/Niamh_OKennedy.pdf

Due to its wider antiplatelet activity profile, tomato extract compares favourably to aspirin, which is effective in ~70% of subjects

About 50 million Americans take low-dose (325 milligrams per day or less) aspirin to prevent cardiovascular problems. Some do so even though they don't have heart disease or a history of heart attack or stroke, an approach known as primary prevention.http://www.cnn.com/2009/HEALTH/11/04/aspirin.risk.heart.attacks/index.html

The technology has been granted patents in the EU, US, Australia, Canada and Mexico, with Japan pending.
Further patents have been filed for the bioactive components of Fruitflow and for other developmental areas
such as deep vein thrombosis and triglyceride lowering.

http://www.provexis.org/pdfs/PXS_2009-29_Fruitflow_European_Health_Claim_Update_03-Nov-09.pdf

quite so, but that news is now over a month old and sp languishes ..... hope over expectation says that Provexis will prove its point or whatever it has to do to the European food dictatorship within the next couple of months .... that's probably the same body that says you are only allowed to grow commercially about 10 varieties of apple!

.

Is the news about to surface????????????????????????

you mean the news that there is no news?
volume today was less than half norm

Nice little spike up there last minute. If it opens up strongly tommrw then we might just get the news. Ya never know!