LEGENDARY INVESTMENTS PLC
2 March 2015
Legendary Investments Plc
("Legendary" or the "Company")
Legendary is pleased to announce that its investee company, Bosques, has reported that both its first generation ("G1P") and second generation ("G2P") pongamia are producing seed pods.
The G1P trees, which are 4 years old, are producing large pods. Typically, pongamia trees take five years to produce pods. Certain of the G1P trees are producing particularly large pods in the region of 7cm long. See:
https://www.dropbox.com/s/d61s2kz843dcf3g/G1P%20pods.jpg?dl=0.
These trees have been selcted to to act as the mother trees for an orchard of high yielding generation three pongamia.
In addition, Bosques's G2P trees are also producing seeds, and in only just over three years since the G2P scions were rooted from specially selected breeds from India. See: https://www.dropbox.com/s/7gfrfz2bpflire9/G2P%20pods.jpg?dl=0.
These developments continue to demonstrate that Bosques is able to take plants developed in one area and successfully both cultivate and improve them under different conditions elsewhere.
- Ends-
For further information, please contact:
Legendary Investments Plc | Zafar Karim / Thomas Reuner | 020 8201 3536 |
Grant Thornton UK LLP | Colin Aaronson/ Melanie Frean / Harrison Clarke | 020 7383 5100 |
Beaufort Securities Limited | Saif Janjua | 020 7382 8300 |
SI Capital | Nick Emerson/ Andrew Thacker | 01483 413500 |
About Legendary Investments Plc
Legendary Investments Plc is a proactive investment company that focuses on making investments in and assisting companies which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary invests in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.
This information is provided by RNS
|
distributed by
|
