Anglo African Ag PLC Subscription

 
TIDMAAAP 
 
26 April 2017                                           For Immediate Release 
 
                         Anglo African Agriculture plc 
 
                           ("AAA" or the "Company") 
 
                                 Subscription 
 
The Board of Anglo African Agriculture plc (LSE: AAAP), the London Main board 
listed food manufacturing and trading company, today announces that it has 
raised approximately GBP120,250 (gross) (the "Subscription Amount") by way of 
subscription of 18,500,000 new ordinary shares of 0.1p each (the "Subscription 
Shares") at a price of 0.65p per Subscription Share. 
 
The Subscription Shares will rank pari passu with the existing ordinary shares. 
The Company has made application for admission of the Subscription Shares and 
it is expected that admission will become effective and that dealings in the 
Subscription Shares will commence at 8.00am on 4 May 2017. 
 
Following the issue of the Subscription Shares, the Company will have 
206,983,954 shares in issue. 
 
The Subscription proceeds will be used to provide additional working capital, 
which will enable the Company to add additional ingredient stock in to the 
Dynamic Intertrade factory in order to meet growing demand for its products. 
 
David Lenigas, Non-Executive Chairman, commented: "We are pleased to have 
raised these funds from new investors, which will allow us to continue building 
momentum and develop our product offering" 
 
For further information please contact: 
 
Anglo African Agriculture plc                       +44 (0) 20 7440 0640 
 
David Lenigas, Non-Executive Chairman 
 
Rob Scott, Non-Executive Director 
 
VSA Capital Limited (Financial Adviser and          +44 (0) 20 3005 5000 
Corporate Broker) 
 
Andrew Raca 
 
 
 
 
END

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April 26, 2017 02:00 ET (06:00 GMT)

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