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DJ AfriAg Global Plc Subscription of GBP250,000

 
TIDMAFRI 
 
21 June 2019 
 
                               AfriAg Global PLC 
                          ('AfriAg' or the 'Company') 
 
                          Subscription of GBP250,000 
 
AfriAg Global PLC, a company admitted to trading on London's NEX Exchange 
(Ticker: AFRI), announces that it has raised GBP250,000, before expenses, through 
the subscription for 250,000,000 new ordinary shares of 0.1 pence each in the 
Company (the "Subscription Shares") at a price of 0.1 pence per share (the 
"Subscription"). The Subscription Shares will represent 8.3% of the enlarged 
issued share capital of the Company. 
 
The funds from this Subscription will be used for general working capital 
purposes. 
 
Application will be made for the 250,000,000 Subscription Shares to be admitted 
to trading on the NEX Exchange Growth Market and it is expected that admission 
will occur on or around 27 June 2019. 
 
Following Admission, the Company's enlarged issued share capital will comprise 
3,011,001,037 ordinary shares. The Company does not hold any shares in 
treasury. 
 
This figure of 3,011,001,037 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. 
 
                                    -ENDS- 
 
For further information please contact: 
 
AfriAg Global Plc:                                 +44 (0)20 7440 0640 
David Lenigas (Executive Chairman) 
 
 
Peterhouse Capital Limited                         +44 (0)20 7469 0930 
Guy Miller 
Fungai Ndoro 
 
 
Trading in AfriAg Global Plc shares 
 
AfriAg Global Plc is listed on London's NEX Exchange under the ticker symbol 
AFRI. 
 
NEX Exchange's website is https://www.nexexchange.com 
 
Many regulated entities in the UK now trade shares in companies on the NEX 
Exchange. These can be found at https://www.nexexchange.com/members-partners/ 
brokers/ 
 
 
 
END 
 

(END) Dow Jones Newswires

June 21, 2019 09:48 ET (13:48 GMT)