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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Plant Health Care plc    PHC   GB00B01JC540

PLANT HEALTH CARE PLC

(PHC)
  Report  
Delayed Quote. Delayed London Stock Exchange - 04/23 11:35:23 am
7.65 GBp   +0.66%
04/10PLANT HEALTH CARE : Results for the year ended 31 December 2018
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02/28PLANT HEALTH CARE : New Technology Update
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01/29PLANT HEALTH CARE : Trading Statement
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Plant Health Care plc : Director Change

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04/13/2012 | 11:51am EDT

13 April, 2012

Plant Health Care plc

("Plant Health Care" or "the Company") Directorate Change
Plant Health Care, a leading provider of naturally-derived products to the agriculture industry, announces that Dr. Dominik Koechlin has decided, for personal reasons, to retire from his position as Chairman and as a director with immediate effect. The Company has started a process to identify a suitable candidate to replace Dr Koechlin.
In the meantime, Sam Wauchope, the Company's Senior Independent Director, will take over as
Interim Chairman. Mr Wauchope, who joined Plant Health Care as a non-executive Director in
2004, is a chartered accountant who has been CEO or executive Chairman of a number of UK-listed companies, including Acorn Computer Group plc, Oceonics Group plc and Ultrasis plc.
Sam Wauchope said: "I would like to take this opportunity to thank Dominik for his guidance and counsel over the past three years. He leaves the company with strong technology and product capabilities and with a sound platform to generate revenue and shareholder returns.
"I look forward to assisting the Company in achieving its commercial goals in my role as Interim
Chairman and to engaging with shareholders while we recruit a Chairman."
As a result of Dr. Koechlin's retirement, Resolution 3 regarding his re-election as a director will be withdrawn from the business to be considered at the Annual General Meeting to be held on 19th April 2012.

Enquiries:

For further information, please contact:
Plant Health Care plc
Sam Wauchope
Tel: +44 20 7250 1446
Nomura Code Securities Clare Terlouw / Chris Golden
Tel: +44 (0)20 7776 1200 www.nomuracode.com
Powerscourt
Paul Durman / Victoria Ward Tel: +44 20 7250 1446 paul.durman@powerscourt-group.com victoria.ward@powerscourt-group.com

Notes to editors About Plant Health Care plc: Plant Health Care plc ("PHC") is a leading provider of naturally derived products for plants and soil. Established in 1995 in Pittsburgh (Pennsylvania) in the United States, PHC currently has approximately 40 employees and has operations in the United States, Mexico, the United Kingdom, Spain, and the Netherlands. The Company's ordinary shares have been quoted on the Alternative Investment Market ("AIM") of the London Stock Exchange since July 2004 and listed on the Official List of the Channel Islands Stock Exchange ("CISX") since February 2010 (ticker symbol/ mnemonic: PHC). PHC's products are aimed at agriculture industries and are environmentally beneficial. Through the commercialisation of these products, PHC is capitalising on current long-term trends toward natural systems and biological products for plant care and soil and water management. Further information is available at:

www.planthealthcare.com.

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Financials ($)
Sales 2019 10,1 M
EBIT 2019 -2,50 M
Net income 2019 -
Finance 2019 2,60 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
EV / Sales 2019 1,44x
EV / Sales 2020 1,21x
Capitalization 17,2 M
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Mean consensus BUY
Number of Analysts 1
Average target price 0,18 $
Spread / Average Target 83%
Managers
NameTitle
Christopher Gareth Joseph Richards Executive Chairman & Chief Executive Officer
Jeff Hovey Chief Financial Officer
Zhong Min Wei Chief Scientific Officer & VP-Harpin Technology
Michael James Higgins Senior Independent Director
Richard Hannam Webb Executive Director
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