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Plant Impact attracts investment

TIP UPDATE: A Japanese partner invests at a significant premium
May 25, 2011

Shares in crop enhancement specialist Plant Impact rose to 33p on news of a £2m investment at 45p a share by Japanese life sciences company Arysta, coupled with two commercial agreements and an extended evaluation agreement between the two companies.

IC TIP: Buy

What we said:

Price: 21p

When: 22 Oct 2010

Performance to date: +57%