UK-based Provexis slides after flagging need for funding
03/04/2023 09:22
** Shares of heart-health food ingredient maker Provexis Plc
PXSP.L fall 17.7% to 0.7p
** Provexis among top pct losers across London stocks
** PXSP says based on its current level of cash, co "will
need to raise further equity finance, or potentially new loan
finance, in the coming months"
** Adds directors have reasonable expectation of raising
sufficient additional equity capital or new loan finance
** Co hits lowest level since Jan 16, headed for worst day
since July 2021
(Reporting by Muhammed Husain in Bengaluru)
((Muhammed.Husain@thomsonreuters.com;))