Business
Change of Adviser and AIM Rule 17 notice
Change of Adviser and AIM Rule 17 notice.
About this update from Provexis Plc
[{"type":"text","content":"\n \nRNS Number : 0640G Provexis PLC 01 November 2018 \n\n1 November 2018\n \nProvexis plc\n \n(\"Provexis\" or the \"Company\")\n \nChange of Adviser and AIM Rule 17 notice\n \n \nProvexis, the business that develops, licenses and sells the proprietary, scientifically-proven Fruitflow® heart-health functional food ingredient, is pleased to announce the appointment of Allenby Capital Limited as the Company's nominated adviser and sole broker with immediate effect.\n \nPursuant to AIM Rule 17, the Company makes the following disclosures in relation to Dawson Buck, Chairman of Provexis, and his directorship of three inter-connected companies.\n \nMr Buck was a director of Cinofni Limited when it entered into Creditors' Voluntary Liquidation on 12 March 2014. The company had previously been in Members' Voluntary Liquidation and the company was ultimately dissolved on 19 August 2016 having paid a first and final dividend of 90.01p in the £. \n \nMr Buck was a director of Iora Limited when it entered into Creditors' Voluntary Liquidation on 12 March 2014. The company remains in liquidation and Mr Buck remains as a director of the company. According to the liquidators' annual progress report dated 8 May 2017, unsecured creditor claims received to date totalled £480,246 and the only asset remaining to be realised was an inter-company debt of £456,166. \n \nMr Buck was appointed as a director of OCOROT 2011 Limited (previously called Infonic Document Management Limited) on 18 October 2010 and resigned on the same date. The company went into Administration on 22 February 2011 and was ultimately dissolved on 28 February 2015. The total value of creditors' claims received in the Liquidation was £1,254,171 with a dividend paid of 32.99p in the £.\n \nFor further information please contact:\n \n\n\n\nProvexis plc\nDawson Buck, Chairman\nIan Ford, Finance Director\n \n\n\nTel: 07490 391888\n [email protected]\n\n\n\n\nAllenby Capital Limited\nNick Naylor / Liz Kirchner\n\n\nTel: 020 3328 5656\n \n\n\n\n \n \n \nNotes for editors\n \nAbout Provexis plc\nAIM-liste...