David Lenigas has extensive first hand corporate and operational
experience with the Company, having previously served as Executive
Chairman of the Company until the end of 2015. He is the Chairman
of AfriAg’s 100% owned food sales, marketing and export division,
AfriAg Marketing (Pty) Limited in South
Africa and is also Chairman of the company’s 40% owned
Agri-logistics AfriAg SA (Pty) Limited in South Africa.
“I’m excited to be heading up AfriAg
once again as the Company continues its expansion. The Company has
seen significant growth from its birth only a few years ago and I
plan to assist the team accelerate this growth over the coming
years as many countries in the world rely more and more on African
fresh produce as a proportion of their overall food import equation
to feed their growing populations.”
“The recent referendum result in the
UK to potentially leave the European Union should have little
impact on AfriAg’s business of exporting African fresh food to the
global marketplace as the business trades in multiple currencies.
Indeed, the Company sees additional opportunities arising from this
situation.”
AfriAg Marketing Pty Ltd ("AfriAg Marketing"), the 100% owned
food sales, marketing and export division, which grew in excess of
400% in 2015 with full year revenues of South African Rand (“ZAR”)
38.395 million (approximately £1,9 million), continues to motor
ahead in 2016.
This month, AfriAg Marketing is primarily selling and exporting
significant quantities of:
An update on our 40% owned specialist African agri-logistics
group AfriAg SA (Pty) Ltd ("AfriAg SA") which reported full year
revenues to 31 December 2015 of
ZAR 119.522 million (approximately
£6.155 million) will be provided in the Company’s Interims in the
next few months.
David Lenigas holds 121,000,000 ordinary shares representing
approximately 8.76% of the Company's issued share capital.
The directors of the Company accept responsibility for the
contents of this announcement.
AfriAg was formed
only a few years ago with the view of establishing a significant
African based agri-logistics and perishable food sales, marketing
and export investment company, with the principal aim of exporting
African food products to the global marketplace. Our client base
continued to grow, with the Group now providing bespoke total
agri-logistics solutions (trucking, airfreight and seafreight) for
some of the largest companies and names in southern Africa and indeed globally.
In addition to his directorship of the Company, David Lenigas
holds or has held the following directorships in the five years
prior to the date of this announcement:
Current directorships |
Past directorships |
Doriemus Plc
Active Resource Realisation Fund |
AfriAg plc |
Gold Mines of Wales Limited |
Inspirit Energy Holdings
Limited |
Central African Investments Plc |
Evocutis Plc |
AfriAg Limited (UK)
(formerly Buchanist Limited) |
Bacanora Mineral
Ltd |
REM Mexico Limited |
Rare Earth Minerals plc |
Rare Earth Resources Limited |
Byron Energy Pty Ltd |
AfriAg Limited (BVI) (formerly
Buchanist Limited) |
Lonrho Jersey Limited |
Emy Services MC
Sarl
AfriAg (Pty) Ltd |
Lonrho Fresh Limited |
AfriAg Holdings (Pty) Limited
(SA) |
Galleon Resources Limited |
AfriAg Marketing (Pty) Limited
(SA) |
Lonrho Food Supply Chain Management
Limited |
AMKI Investments Limited |
Lonrho Infra One UK Limited |
Leni Gas Cuba Limited (formerly Leni
Gas and Oil Limited) |
Polemos plc |
TravelWelcome Ltd |
UKOG Weald Limited |
|
UKOG (GB) Limited |
|
UKOG Solent Limited |
|
UK Oil & Gas Investments
plc |
|
Horse Hill Developments Limited |
|
Solo Oil International Limited |
|
Octagonal plc |
|
Lonrho Projects Agri (Pty)
Limited |
|
Lonrho Energy (Pty) Limited |
|
Lonrho Securitec (Pty) Limited |
|
Lonrho Amathonga Hotels (Pty)
Limited |
|
Swissta Mozambique Lda |
|
Sociedade Comercial Bytes &
Pieces Limitada |
|
Cambria Africa plc (formerly LonZim
plc) |
|
Blueberry International Services
Limited |
|
Wardlaw (1989) Limited |
|
Le Har (Pvt) Limited |
|
Rex Mining (Pvt) Limited |
|
Peak Mines (Pvt) Limited |
|
Gardoserve (Pvt) Limited |
|
Celsys Limited |
|
ForgetMeNot Africa Limited |
|
Lonzim Agribusiness (BVI)
Limited |
|
Quickvest 525 (Pty) Limited |
|
Lonzim Air (BVI) Limited |
|
Southern African Management
Services |
|
Paynet Limited |
|
African Solutions Limited |
|
Medalspot (Pvt) Limited |
|
Blueberry Print (Zambia)
Limited |
|
Morningdale Properties (Pvt)
Limited |
|
Lanuarna Enterprises (Pvt)
Limited |
|
LonZim Hotels Limited |
|
Celsys Zambia Limited |
|
WS Foods (Pty) Ltd |
|
Linus Business Options (Private)
Limited |
|
Firstfood Enterprises (Private)
Limited |
|
Chenyakwaremba Farm (Private)
Limited |
|
Leopard Rock Hotel Company (Pvt)
Ltd |
|
Lyons Africa Holdings Limited |
|
Millchem Holdings Limited (formerly
Lonzim |
|
Properties Limited) |
|
Lonzim Holdings Limited |
|
Micobe Property Development
Limited |
|
Lonrho Properties Zimbabwe (Pvt)
Ltd |
|
Sindu Properties (Private)
Limited |
|
One Hundred & Seventeen Baines
Avenue |
|
(Private) Ltd |
|
Sol Aviation Company Limited |
|
670 Plc |
|
Zest Music Limited |
|
Zest Songs Limited |
|
Zest Entertainments Limited |
|
Reggae Tunes Limited |
|
Complete Enterprise Solutions
Limited |
|
Aldeamento Turistico de Macuti,
SARL |
|
Lonrho Auto Distributors
Limited |
|
Textile Investment Company
Limited |
|
Solo Oil (Argentina) Limited |
|
Vatukoula Gold Pty Ltd (formerly
Westech Gold |
|
Pty Ltd) |
|
Vatukoula Finance Pty Ltd (formerly
Westech |
|
Finance Pty Ltd |
|
Vatukoula Australia Pty Ltd
(formerly Westech |
|
Rollex (Pvt) Limited |
|
Rollex (Pty) Limited |
|
e-Kwikbuild Housing Company (Pty)
Limited |
|
Lonrho Management Services
Limited |
|
Lonrho Zimbabwe Management Services
(Pvt) |
|
Limited |
|
Lonrho Africa Management
Services |
|
(Zimbabwe) Limited |
|
Lonrho Africa Motor Sales
Limited |
|
Norse Air Limited |
|
South African Independent Liners
Services (Pty) |
|
Limited |
|
Lonrho Africa Holdings BV |
|
Lonrho Springs BV |
|
Lonrho Air BV |
|
Lonrho Ports BV |
|
Lonrho Africa Hotels BV |
|
Lonrho Hotels BV |
|
Lonrho Hotels Mozambique BV |
|
Lonrho Africa Agribusiness BV |
|
Lonrho Africa Distributors BV |
|
Lonrho Africa Food Processing
BV |
|
Lonrho Africa Motors BV |
|
Lonrho Distributors BV |
|
Lonrho Motors BV |
|
Lonrho Agribusiness Limited |
|
Laytons Offshore Limited |
|
Lonrho Equipment Limited |
|
Mozambique Machines Limited |
|
Crop Harvest Limited |
|
Oceanfresh Seafoods (Pty)
Limited |
|
Cultivate Harvest Limited |
|
LAH Jersey Limited |
|
Protea Seafoods Limited |
|
Hotel Accommodation Limited |
|
Afex Holdings Limited |
|
Lonrho Water Limited |
|
Africa Expeditions Limited |
|
Africa Expeditions TZ Limited |
|
Africa Expeditions Uganda
Limited |
|
Best In Tents Limited |
|
Global Horizons Limited |
|
Lonrho Hotels Limited |
|
LAH Mozambique Hotels Limited |
|
DRC Hotels Limited |
|
Lonrho Ports & Infrastructure
Limited |
|
Lonrho Infrastructure Limited |
|
Lonrho Ports Limited |
|
LAH Jersey 2 Limited |
|
Fish On Line (Pty) Limited |
|
Lonrho Support Services Limited |
|
Lonrho Integrated Support Services
Limited |
|
Lonrho Hotels (Holdings)
Limited |
|
Lonrho Budget Hotels Limited |
|
Lonrho IT Limited |
|
LAH Jersey 3 Limited |
|
Lonrho Transport Limited |
|
Lonrho Logistics (Pty) Limited |
|
Luba Freeport Limited |
|
Lonrho South Africa (Pty)
Limited |
|
Lonrho Management South Africa (Pty)
Limited |
|
Lonrho Projects South Africa (Pty)
Limited |
|
Lonrho Projects Consulting (Pty)
Limited |
|
Lonrho Transport Limited |
|
Stellar Resources Plc |
|
Solo Oil plc |
|
LGO Energy plc (formerly Leni Gas
& Oil plc) |
|
Leni Trinidad Ltd |
|
Compania Petrolifera de Sedano
S.L. |
|
Lonrho Air Three (BVI) Limited |
|
Lonrho Aviation (BVI) Limited |
|
Lonrho Air (2) (BVI) Limited |
|
Five Forty Africa (BVI) Limited |
|
Lonrho Air Africa (BVI) Limited |
|
Lonrho Air (BVI) Limited |
|
Five Forty Aviation Limited |
|
FastJet plc |
|
Lucapa Diamond Company Ltd (formerly
Lonrho |
|
Mining Limited) |
|
Reef Resources Limited |
|
River Diamond UK Limited |
|
Tanzania Machines Limited |
|
Tanzania Harvest Limited |
|
Lonrho Ports Ghana Limited |
|
Lonrho Ghana Ports Limited |
|
LonAgro (SS) Limited |
|
Lonrgo Market Expansion Services
Limited |
|
Benson Global Trading Limited |
|
RET Services Limited |
|
Rare Earth Resources
Limited |
|
Lon Agro Tanzania
Limited |
|
Yuagong (Pty)
Limited |
|
Lonrho Hotels Nigeria
Limited |
|
Lonrho Hotels SA
Limited |
|
Lonrho Hotels Ghana
Limited |
|
Lonrho Hotels Kenya
Limited |
|
Lanitrim (Pty)
Limited |
|
Caropix (Pty)
Limited |
|
Lonrho Investments
Limited (formerly Lonrho |
|
African (Investments)
Ltd) |
|
Lonrho Support Limited
(formerly Lonrho |
|
Holdings Limited) |
|
Swissta Holdings
Limited |
|
Lonrho Plc (now Lonrho
Limited) |
|
Lonrho Africa
(Holdings) Limited |
|
Strenner Holdings
Limited |
|
Lonrho Ports
Limited |
|
Oceanfresh Seafoods
(UK) Limited |
|
Lonrho Resources
Ltd |
|
Lonrho Finance
Ltd |
|
Lontel Ltd |
|
Lonrho Water
Limited |
|
Fresh Direct
Limited |
|
Lonrho Oil (Malawi)
Limited |
|
Lonrho Infrastructure
(BVI) Limited |
|
Lonrho Hotels Congo
(BVI) Limited |
|
Indit Technology
Distribution (Pty) Limited |
|
Complete Enterprise
Solutions South Africa (Pty) |
|
Ltd |
|
Lonrho Hotels
Management Services |
|
(BVI)Limited |
|
Lonrho Agriculture
Angola Limited |