RNS Number : 5891X
NeutraHealth Plc
26 June 2008
NEUTRAHEALTH PLC ('the Company')
The Company announces that is has posted its annual report and account to shareholders and that these may also be viewed on the Company's website: www.neutrahealthplc.com'
For more information:
Further information for investors is available on the Company's website at www.neutrahealthplc.com/
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NeutraHealth plc
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Michael Toxvaerd, Deputy Chairman
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07730 581 584
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Robin Hilton, Finance Director
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07738 018 411
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Cenkos (Nominated Adviser and Broker)
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Stephen Keys
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020 7397 8900
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Notes:
NeutraHealth was floated on AIM in February 2005 with the strategy of consolidating the fragmented Vitamins, Minerals and Supplements sector of the growing nutraceutical market. The company is focused on building a group of companies within the nutraceutical market which will deliver growth through organic expansion and through strategic acquisitions.
The company made its first acquisition, BioCare, in August 2005 for £16.1m, and has made three subsequent acquisitions. Recent events include:
January 2007
April 2007
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Signed three year agreement with the UK's leading high street retailer of vitamins, minerals and supplements to continue to supply products under private label until at least August 2010, contractually underpinning 20% of current group sales
July 2007
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Acquisition of Health Products for Life for £0.4m, a direct to consumer website
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Signing of licensing agreement with leading nutrition expert Patrick Holford
August 2007
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Net £5.3 million investment in 20% of NeutraHealth by Elder Pharmaceuticals Limited of India through issue of shares at 16p
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Investment made at a 36% premium to mid-market price on day of announcement
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Funds raised for future acquisitions, and opportunities for distribution and manufacturing between businesses
January 2008
This information is provided by RNS
The company news service from the London Stock Exchange
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