TIDMPXS
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(R) 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(R)
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
.
Provexis sells a high quality dietary supplement product
containing Fruitflow and Omega-3 from its website
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#
. 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 .
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END
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October 26, 2023 08:51 ET (12:51 GMT)
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