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DJ Agneash Soft Commodities PLC Strategic Review Update

 
TIDMASCP 
 
Agneash Soft Commodities Plc 
 
                                ("The Company") 
 
                            STRATEGIC REVIEW UPDATE 
 
Further to the announcement of February 24th, the sale of its investment 
portfolio and the receipt of shares in Athol Gold, the Directors of the Company 
are pleased to announce the conclusion of the strategic review. 
 
Since announcing this review, the new board composition has made a number of 
short term tactical and trading investments in AIM and PLUS companies in order 
to diversify the portfolio, reduce risk, and to create short-term shareholder 
value. The board are pleased to inform shareholders that the majority of these 
investments to date are showing a positive return. 
 
In light of this encouraging start to the year, your board has concluded from 
its strategic review that these returns, if they continue, will provide real 
shareholder value going forward. 
 
Your board has therefore decided to continue with this investment strategy, of 
providing short term funding to AIM and PLUS companies. 
 
Directors of the Company accept responsibility for the content of this 
announcement. 
 
                                     ENDS 
 
 
 
=- Enquiries -- 
 
AGNEASH SOFT COMMODITIES PLC 
Grahame Rose 
T: 0777 0644 408 
 
Peterhouse Corporate Finance Limited 
Heena Karani 
T: 020 7469 0933 
E: Heena@pcorpfin.com 
 

(END) Dow Jones Newswires

July 18, 2012 11:38 ET (15:38 GMT)