REG - Wellnex Life Limited - Appointment of Powermed Plus as UK Distributor

Wellnex LifeAnnouncement

10/04/2025 07:00

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RNS Number : 4815E  Wellnex Life Limited  10 April 2025

ASX/AIM Announcement

10 April 2025

 

Wellnex Life secures UK distributor for the Company's international expansion
of its innovative brands

Highlights

·    Wellnex Life appoints leading UK distributor
Powermed Plus (https://powermeduk.com/)
 to represent the Company's innovative brands in the lucrative UK market.

·    Following the Company's successful admission to the AIM market of the
London Stock Exchange (AIM), Wellnex Life is focused on driving growth through
international expansion of its brands.

·    Recent admission to AIM supports the strategy to increase awareness
of the Company and its brands in the lucrative UK market.

Wellnex Life Limited (ASX/AIM: WNX) (Wellnex Life or Company) is pleased to announce the appointment of Powermed Plus Limited (Powermed Plus) as its distribution partner to take the Company's innovative brands into the large and lucrative UK market.

 

Wellnex Life has identified opportunities in the UK market for its brands and
see this as the next growth phase for the Company. Wellnex Life has identified
Powermed Plus as the ideal partner for the UK market to take advantage of the
opportunities and accelerate the growth in international marketing and sales
of the Company's brands.

 

Wellnex Life's recent admission to the AIM market of the London Stock Exchange
will further increase the awareness of the Company and its brands in the UK
market which, the Board believes, will assist the Company in generating sales
in the UK market.

 

Wellnex Life will work closely with Powermed Plus to commence presenting its
brands to UK retailers in Q3 2025, with sales planned to commence in 2026.

 

 

About Powermed Plus

 

Powermed Plus is a leading contract healthcare services provider incorporating
sales, marketing, distribution and support services into the Pharmacy, Health
Food and Grocery sectors in the UK.

 

Powermed Plus, for over 20 years, has offered tailored business solutions for
companies looking to expand their distribution in the UK market, with its
strong customer relationships and experienced sales team.

 

David Mappledoram Managing Director of Powermed Plus said: "Powermed Plus are
thrilled with our collaboration with Australian company Wellnex Life. We are
eagerly looking forward to the opportunity to introduce Wellnex Life's
exciting and innovative brands to the UK market. Together, we aim to enhance
the well-being of individuals across the UK with Wellnex Life's exceptional
products."

 

Zack Bozinovski Managing Director Wellnex Life said: "We are thrilled to be
able to partner with a quality company such as Powermed Plus to help
distribute our innovative and exciting brands throughout the pharmacy and
grocery sectors in the UK. During all steps of the selection process, the
Powermed Plus team demonstrated a strong alignment to our Company core values
and objectives and showed a strong passion towards our brands and their
success. Having our brands available to UK consumers, on the back of our UK
listing, was a major priority and focus for the Company and we look forward to
closely working with David and his team to help execute our brand roll out
strategy into major UK retailers."

 

To stay up to date on company news and announcements, please register your details on the Wellnex Life Limited investor portal:
 (https://propell.investorportal.com.au/stay-up-to-date/)

https://wellnexlife.investorportal.com.au/register/ (https://wellnexlife.investorportal.com.au/register/)

This announcement was authorised for release to the market by the board of
Wellnex Life Limited.

For further information, please contact:

Australian Investors

 

Zack Bozinovski

T: +61 3 8399 9419

E: zack.b@wellnexlife.com.au

 

UK Investors

 

 

Strand Hanson (Financial & Nominated Advisor)

James Harris / Richard Johnson / Robert Collins      Tel: +44 (0) 20 7409
3494

 

Orana Corporate LLP (Joint Broker)
                        swykeham@oranacorp.com

Sebastian Wykeham

 

S.P. Angel Corporate Finance LLP (Joint Broker)     Tel: +44 (0)20 3470
0470

David Hignell / Vadim Alexandre

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