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DJ AfriAg Global Plc Issue of Equity

 
TIDMAFRI 
 
12 September 2017 
 
 
                               AfriAg Global Plc 
                      ("AfriAg Global" or the "Company") 
 
                                    Placing 
 
AfriAg Global Plc is pleased to announce that the Company has raised GBP200,000 
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:                                            +44 (0)20 7440 0640 
David Lenigas (Executive Chairman) 
 
 
Peterhouse Corporate Finance Limited                     +44 (0)20 7469 0930 
Guy Miller 
Fungai Ndoro 
 
 
 
END 
 

(END) Dow Jones Newswires

September 12, 2017 11:44 ET (15:44 GMT)