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)