12 September
2017
AfriAg Global Plc
("AfriAg Global" or the
"Company")
Placing
AfriAg Global Plc is pleased to announce that the Company has
raised £200,000 before expenses through the subscription for 80
million new ordinary shares in the Company (the "Subscription
Shares") at a price of 0.25 pence per
Subscription Share (the "Subscription Price"), to a number of
placees (the "Subscription").
The Subscription Shares will represent 5.5% of the enlarged
issued share capital of the Company.
Following Admission, the Company's enlarged issued share capital
will comprise 1,461,001,037 ordinary shares. The Company does not
hold any shares in treasury. This figure of 1,461,001,037 ordinary
shares may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
The directors of the Company accept responsibility for the
contents of this announcement.
For further information please
contact:
Doriemus Plc:
David Lenigas (Executive Chairman)
|
+44 (0)20 7440 0640 |
Peterhouse Corporate Finance Limited
Guy Miller
Fungai Ndoro |
+44 (0)20 7469 0930 |