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Legendary Invest PLC (LEG)

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Tuesday 20 November, 2012

Legendary Invest PLC

Pongamia Flower, Update re Bosques

RNS Number : 5520R
Legendary Investments PLC
20 November 2012
 



20 November 2012

Legendary Investments Plc

 

("Legendary" or the "Company")

 

Pongamia Flower, Update Bosques Energeticos EBE S.A. de C.V.

 

 

Legendary is pleased to announce that its investee company Bosques Energeticos EBE S.A. de C.V. ("Bosques") reports that its crop of elite Pongamia Pinnata ("Pongamia") has begun to flower. This is the first time that Pongamia has successfully flowered in Mexico, and it is believed to be the first time that Pongamia has flowered in Latin America. Pongamia typically flowers in 4 or more years. Bosques's Pongamia has exhibited its first flowers in 2.5 years.

 

The flowering continues to demonstrate the value in Bosques's strategy of sourcing and using elite products and conducting R&D to develop elite crops. The flowering which is a "first" builds upon the "first" that Bosques achieved by starting the first elite Pongamia mother garden in Mexico in November of last year.

 

 

 

Contact:



Legendary Investments Plc

Zafar Karim / Thomas Reuner

 

020 8201 3536

Grant Thornton Corporate Finance

 

Colin Aaronson/ Melanie Frean

 

020 7383 5100

Simple Investments                 

Nick Emerson/ Andrew Thacker

01483 413500

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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