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Company Information for Plant Impact plc
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 AIM; PIM
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Company Statement
Plant Impact has developed and markets a range of crop nutrients and natural pesticides that
improve the health and productivity of crops, whilst being inherently non-toxic and ecologically
sound. The Group’s products allow crops to be grown in a way that is better for the environment,
the consumer and the grower, whilst increasing yield, quality and shelf life.
The Group’s approach to product development is different to the traditional approach adopted by
many agricultural chemical companies. Plant Impact first seeks to understand the nature of the
problem to be solved, then analyses the part of the plant’s natural ability to cope with the problem
as opposed to creating numerous compounds and screening them to find a use for them.
The Market
The Directors believe that the focus of politicians, pressure groups and supermarkets on the perceived adverse effects of pesticides and fertilizers on human health and the environment is likely to ensure continued pressure on growers to reduce the amount of crop protection products applied for the foreseeable future.
There are numerous highly effective products in the foliar crop protection market, but many of these products are over twenty years old and off patent, and some are highly toxic. In many cases
safer, more environmentally acceptable products would be welcomed by food groups and consumers. Pesticide resistance is also increasing and alternative approaches may be required in
order to provide robust control of pest species.
Plant Impact seeks to position itself to address consumer, regulatory, political and market demands for greater food safety and sustainable agriculture by the development and introduction of
acceptable, non-threatening technology.
Products and Technologies
Plant Impact has developed six key technologies which can be divided into two distinct groups:
a) crop nutrients, which improve plant health of which Alethea, PINT, CATand Speedo are examples;
b) crop protection agents or botanical pesticides, which act to control pests. BugOil and the Group’s nematicide technology fall into this category.
The Group’s technologies are mainly for use on high value fruit and vegetable crops grown under glass or polythene, such as tomatoes, cucumbers, strawberries and peppers.
The Group achieved sales in its crop nutrient range of products of approximately £345,000 for the period ended 31 March 2006, mainly in the Middle East, but has recently expanded sales to Spain
and the UK. The pesticide range, which has shown great potential in early trials, is yet to be available for sale as trials continue to be conducted and, in the case of BugOil, regulatory approvals are being sought. Plant Impact will be submitting their registration dossiers into UK – Europe via the PSD (Pesticides Safety Directorate) and into USA later in 2008 via the EPA (Environmental Protection Agency)
Business Development and Strategy
The Directors intend to commercialise the Group’s products through distribution agreements and licensing arrangements with industrial partners, and/or, where appropriate, through its own direct
distribution channels. The focus is on sales to commercial growers of high value and protected crops. However, there is also the possibility of entering the home and garden market.
Plant Impact has arrangements in place with distribution partners in specific markets in the Middle East arranged through Pi-MENA, a sales agency based in Jordan supported by the Company.
Intellectual Property and Product Registration
The protection of intellectual property through the submission of patents is an integral part of the Company’s research and development strategy. Since its formation, the Company has developed and filed eight base patent applications covering six technologies of which one, which covers BugOil, has already been granted in the UK.
Product Distribution
Plant Impact (Pi) is establishing an effective global sales network. The head office is UK based with a specialist sales team. The company also has a Spanish office with its own dedicated sales team. In addition to this, Plant Impact has distribution agreements covering Holland, Italy, Greece and Turkey. Pi-Mena with an office in Amman, Jordan is Plant Impact’s distribution subsidiary covering the Middle East and North Africa. It has generated sales in over 10 countries as well as organising over 170 trials on a wide variety of crops in the Middle East.
Plant Impact has a distribution agreement in place with Miller Chemical & Fertilizer Corporation (Pennsylvania, US) to supply its 'anti-stress' products in North America. Miller is a global manufacturer and distributor of specialty agricultural products and fertilisers and has over 400 distributors in the US alone. In addition to sales coverage in South America, Miller Chemical and Fertilizer Corporation has an active presence in Eastern Europe and Pi products will be sold in these regions under the "Miller" brand name.
Plant Impact has a sales partnership with Doff Portland to supply the UK home and garden market. The company is also negotiating with major International Companies to service the global home and garden market. DVA Agro GmbH, which specialises in global crop protection, distributes the company’s benign pest control product (Bionic) in Tanzania. Also product trials are currently being carried out with large fertiliser groups.
Company Diagram
A study in Jordan carried out in 2006 showed a decrease in fruit abortion due to high temperatures using a CaT chemistry containing product at a level of 0.5cc/litre. The pictures show the affect on the fruit setting during high temperatures. The plant on the left was untreated were as the plant on the right was treated
Current Operations
CaT InCa (InCa)
CaT InCa help plants use calcium effectively in demanding growing conditions (extremes of temperature). This makes them much more effective and flexible than conventional calcium fertilisers which do nothing to help the plant absorb the calcium.
Prevents physiological disorders
Improves growth during extremes of temperature
Improves shape and homogeneity of crops
Holds and sets more flowers and fruit
Increases quality and shelf life
Treatment with CaT Chemistry has helped to alleviate a damaging condition in tomatoes called Blossom end rot.
Studies show that CaT Chemistry had a significant effect on tomatoes treated.
Speedo CaN (PiNT Calcium, Calmore)
Speedo CaN is a unique controlled release nitrogen (also containing PiNT chemistry) / calcium fertiliser for quality, yield, root promotion and stress tolerance.
Improves Calcium uptake and distribution. Combats physiological disorders and stress related problems
Speedo KN (PiNT Potassium, KPS)
Speedo KN is a unique controlled release nitrogen (also containing PiNT chemistry) / Potassium fertiliser that incorporates Plant Impacts Speedo chemistry for quality, yield, root promotion and stress tolerance.
Allows Potassium uptake without disturbing Calcium and Magnesium uptake. Can be used to aid growth in drought conditions
Speedo Balance (Speedo BoMo, Keep)
Speedo Balance encourages the crop to invest its energy and resource into the parts of the plant that are harvested (Fruits, roots, tubers) rather than into shoot development.
Generally improves colour, sugar content and uniformity. With vegetables it reduces fruit drop, and increases the setting of flowers
Speedo Saxon (Speedo Foliar)
General Multi-nutrient foliar feed that effectively reduces transient deficiencies during vigorous growth, flower and fruit development – allowing the plant to achieve its maximum potential.
Earlier maturity through SPEEDO chemistry. Corrects deficiencies quickly
Alethea (Scope)
(dry powders or liquid form)
Scope utilises Alethea, which is a unique abiotic stress tolerance chemistry, together with plant nutrients to improve growth during stressful climatic conditions.
Increases resistance to disease. Allows growers to use previously un-viable land for cultivation such as saline soils and in areas where abiotic stress prevails.
Botanical Pest Control
Our botanical pest control product has been developed based on BugOil Chemistry.
Pi plc are currently compiling a registration dossier for this product to present to the Pesticide Safety Directorate in the UK/EU and the Environment Protection Agency in the USA.
This is the next step in the commercialisation process of BugOil Chemistry.
Board of Directors and Key Management
| Martin Robinson | Non-Executive Chairman |
| Mark Wyatt | Non-Executive Director |
| Gordon Harman | Non-Executive Director |
| Peter Blezard | Chief Executive Officer |
| Michael Panteli | Finance Director |
Company AddressPi plc 2 Lockside Office Park Lockside Road Riversway
|
CapitalThere are 23,119,323 shares in issue and there are no Treasury shares |
Nominated BrokersJoint Brokers | Nominated AdvisorsGrant Thornton UK LLP |
Major Shareholders
| Name | No of Shares | % |
| RisingStars Growth Fund | 4,438,684 | 19.2% |
| John Jackson | 1,468,620 | 6.4% |
| Gartmore Investment Management plc | 1,050,000 | 4.5% |
| Majedie Investments plc | 950,000 | 4.1% |
| Lancashire County Developments (Investments) Limited | 913,157 | 4.0% |
| YFM Private Equity Limited | 869,473 | 3.8% |
Related News
21/05/08 - Plant Impact In Talks With Major Manufacturers To Improve Pesticide And Fertiliser Products28/10/06 - AIM Embraces Fertiliser Companies and Crop Boosters
Most Recent Statement
23/06/08 - Final Results for the year ended 31 March 200812/05/08 - Distribution agreement with DVA for pest control in Tanzania
14/04/08 - Significant US marketing and distribution agreement signed
10/03/08 - BugOil® – trial results show superior ability for pest control
21/02/08 - Plant Impact are pleased to announce a £1.5m placing in the company
25/11/07 - Interim Results for the six months ended 30 September 2007