Agriterra Ltd Change of Adviser (4538A)
March 21 2013 - 3:02AM
UK Regulatory
TIDMAGTA
RNS Number : 4538A
Agriterra Ltd
21 March 2013
Agriterra Ltd / Ticker: AGTA / Index: AIM / Sector:
Agriculture
21 March 2013
Agriterra Ltd
('Agriterra' or the 'Company')
Change of Adviser
Agriterra, the AIM listed pan African agricultural company
announces that Cantor Fitzgerald Europe has been appointed as the
Company's Nominated Adviser & Broker with immediate effect.
This follows the acquisition of certain assets and businesses of
Seymour Pierce Limited by Cantor Fitzgerald Europe. For further
information see the AIM Notice dated 8 February 2013.
**Ends**
For further details please contact:
Andrew Groves Agriterra Ltd Tel: +44 (0) 20 7408
9200
David Foreman Cantor Fitzgerald Europe Tel: +44 (0) 20 7107
8000
Rick Thompson Cantor Fitzgerald Europe Tel: +44 (0) 20 7107
8000
Andy Cuthill MC Peat & Co LLP Tel: +44 (0) 20 7104
2332
Susie Geliher St Brides Media & Finance Tel: +44 (0) 20 7236
Ltd 1177
About Cantor Fitzgerald Europe
Cantor Fitzgerald Europe is a leading global financial services
firm at the forefront of financial and technological innovation. It
is an unlimited liability company incorporated in the England with
its head office at 17 Crosswall, London, E14 2LS. It also operates
from branches in Milan, Paris and Tel Aviv. It is authorised and
regulated in the United Kingdom by the Financial Services Authority
(reference number 149380), and is a member of the London Stock
Exchange. It provides an array of financial services to global
clients including corporate finance, corporate broking, research,
equity and fixed income execution, trading and market making,
derivatives, fx, spread betting and CFDs. For more information
please visit www.cantor.com.
About Agriterra Ltd
Agriterra Ltd is an AIM listed agricultural company with five
divisions: beef, maize, cocoa, fruit and palm oil. Its cattle
ranching business, Mozbife, has a herd in excess of 5,450 head, a
land holding of over 21,000 hectares, a feedlot, a 4,000 head per
month capacity abattoir and retail units. In addition to selling
meat from its own herds, throughput for the feedlot and abattoir is
supplemented with cattle bought in from local communities. The
Company also owns a proximal banana plantation and macadamia
orchard.
The Company's maize buying and milling operations, DECA and
Compagri, are located in Chimoio and Tete in central and
north-western Mozambique respectively. These collect maize from
circa 350,000 farmers using the Company's own vehicle fleet,
process it into maize meal, the African staple, and then sell it
back to the local market, into supermarkets and to the World Food
Programme.
Agriterra's cocoa business is based in Sierra Leone, through its
100% subsidiary Tropical Farms Limited, which includes buying,
trading and production operations. The Company holds over 1,200
hectares of land for cocoa cultivation and also has a strong buying
register with three main hub stores, 41 satellite stores and a
direct buying register of more than 3,500 farmers across the
country. Its strategy is to establish itself as a secure,
sustainable and traceable source of supply to meet the requirements
of the major cocoa consumers who are placing increased emphasis in
this area.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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