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RNS Number : 4423R Provexis PLC 26 October 2023
26 October 2023
Provexis plc
('Provexis' or the 'Company')
Result of AGM
Provexis, the business that develops, licenses and sells the proprietary,
scientifically-proven Fruitflow® heart-health functional food ingredient,
announces that at the Company's Annual General Meeting, held earlier today,
all resolutions were duly passed. The proxy votes received from shareholders
on each resolution are set out below.
Resolutions Votes for % Votes against % Votes total Votes withheld
* ** ***
Resolution 1 218,457,528 99.92% 175,586 0.08% 218,633,114 158,510
Resolution 2 218,254,507 99.93% 151,998 0.07% 218,406,505 385,119
Resolution 3 218,343,020 99.97% 63,485 0.03% 218,406,505 385,119
Resolution 4 217,532,174 99.59% 889,392 0.41% 218,421,566 370,058
Resolution 5 217,891,434 99.69% 674,480 0.31% 218,565,914 225,710
Resolution 6 217,692,013 99.60% 863,669 0.40% 218,555,682 235,942
Resolution 7 218,304,493 99.90% 214,288 0.10% 218,518,781 272,843
* Includes discretionary votes
** Total votes cast do not include withheld votes
*** A vote withheld is not a vote in law and is not counted in the calculation of
the proportion of votes 'For' or 'Against' any of the resolutions
For further information please contact:
Provexis plc Tel: 07490 391888
Dawson Buck, Chairman enquiries@provexis.com
Ian Ford, CEO
Allenby Capital Limited Tel: 020 3328 5656
Nick Naylor / Liz Kirchner / Lauren Wright
Notes for editors
About Provexis plc
AIM quoted Provexis is focused on the development, licensing and sales of its
proprietary, scientifically-proven Fruitflow® heart-health functional food
ingredient.
Fruitflow is a natural, breakthrough ingredient that helps with platelet
aggregation. This helps promote normal blood flow and circulation, which in
turn benefits cardiovascular health. Fruitflow helps the platelets to
circulate freely and smoothly throughout your blood, without sticking to one
another or to the blood vessels themselves. Freely flowing blood helps reduce
stress on your cardiovascular system.
Fruitflow is a highly concentrated form of bioactives which is lycopene-free
and contains over 30 known anti-platelet compounds. Published clinical studies
have shown that Fruitflow works to maintain healthy blood flow in a similar
way to 75mg aspirin but with a milder and reversible action; Fruitflow has a
similar antiplatelet effect to a single dose of aspirin - but when taken
daily, it has none of aspirin's side effects.
The science behind Fruitflow has been validated by leading peer review
publications and regulatory authorities. Fruitflow is the only natural
antiplatelet to have a health claim approved by the European Food Safety
Authority, stating that 150mg of Fruitflow 'helps maintain normal platelet
aggregation, which contributes to healthy blood flow'.
Fruitflow has a number of specific health benefits which have been reflected
in separate patent filings for the use of Fruitflow in:
· mitigating exercise-induced inflammation;
· managing blood pressure;
· protecting against the adverse effects of air pollution on the body's
cardiovascular system. Laboratory work has shown that Fruitflow can reduce the
platelet activation caused by airborne particulate matter, such as that from
diesel emissions, by approximately one third; and
· conferring health benefits in modulating the gut microbiome of
humans, to include a reduction in TMAO, following the completion of a
successful human study which is further detailed here
www.dsm.com/human-nutrition/en/talking-nutrition/press-releases/2023-01-20-new-study-reveals-dsms-fruitflow-activates-gut-heart.html
(http://www.dsm.com/human-nutrition/en/talking-nutrition/press-releases/2023-01-20-new-study-reveals-dsms-fruitflow-activates-gut-heart.html)
.
Provexis sells a high quality dietary supplement product containing Fruitflow
and Omega-3 from its website www.fruitflowplus.com
(http://www.fruitflowplus.com) on a mail order basis. The product is also
available to purchase from Amazon.co.uk and from Holland & Barrett.
Provexis has been working with BYHEALTH for more than six years to support the
planned launch of a number of Fruitflow based products in the Chinese market.
Clinical studies conducted in China are typically required to obtain the
necessary regulatory clearances in China, and a significant investment in
eight separate Fruitflow studies has been undertaken at BYHEALTH's expense.
Completed studies have shown excellent results in use for Fruitflow, and they
provide strong evidence for the efficacy of Fruitflow on platelet function.
The Chinese regulatory system for functional health food ingredients, such as
Fruitflow, is governed by the State Administration for Market Regulation (the
'SAMR') and it is based on a defined list of permitted health function claims
which brand owners are permitted to use on product labels.
In August 2023 the Company was delighted to report that BYHEALTH had
submitted: i) the first application for a new permitted health function claim
and ii) some related product registration applications.
The significance of these major developments for Fruitflow in China is further
outlined here
www.nutraingredients-asia.com/Article/2023/09/05/china-set-to-approve-new-function-claims-for-health-foods#
(http://www.nutraingredients-asia.com/Article/2023/09/05/china-set-to-approve-new-function-claims-for-health-foods)
. BYHEALTH has noted that it has been working on the project since 2015, with
'tens of millions of funds' (RMB) invested by BYHEALTH in the research and
development work.
Provexis was founded in 1999 and is headquartered in Reading, Berkshire.
Provexis' shares are traded on the AIM market of the London Stock Exchange
under the ticker symbol PXS.
For further information, please visit www.provexis.com and
www.fruitflowplus.com (http://www.fruitflowplus.com) .
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