The following information is disclosed in accordance with Rule 75 of the NEX Rules and was last updated on 18/01/2017.
The Directors intend to seek to acquire a direct and/or an indirect interest in businesses involved in agriculture generally and the production, processing, logistics and distribution of agricultural produce.
The Company will initially focus on opportunities in Europe, Africa and the Middle East but will consider possible opportunities anywhere in the world.
The Company may invest by way of purchasing quoted shares in appropriate companies, outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, or by entering into partnerships or joint venture arrangements. Such investments may result in the Company acquiring the whole or part of a company (which in the case of an investment in a company may be private or listed on a stock exchange, and which may be pre-revenue), and such investments may constitute a minority stake in the company, partnership and/or joint venture in question. The Company will not have a separate investment manager.
AfriAg is incorporated in the Isle of Man and its main country of operation is the UK. The rights of AfriAg shareholders may be different from the rights of shareholders in a UK incorporated company. The company is admitted to trading on the NEX Exchange.
Directors names and biographies.
Directors responsibilities and committees.
Number of securities on issue
1,381,001,037 ordinary shares at 0.1p each.