Anglo African Ag PLC Supply Contract Won
13 February 2017 - 6:00PM
UK Regulatory
TIDMAAAP
13 February 2017
Anglo African Agriculture plc
("AAAP" or the "Company")
AAAP wins significant supply contract for major South African food manufacturer
Anglo African Agriculture plc (LSE: AAAP), the London Main board listed food
manufacturing and distribution company, is pleased to announce that its wholly
owned spice manufacturing business, Dynamic Intertrade, has been awarded a
significant contract to supply a custom blended spice product to a leading
South African food manufacturer for the 2017 calendar year. The contract award
calls for Dynamic Intertrade to supply up to 300 tonnes of specialty spices
throughout the year. This order is subject to supply chain volumes from the
purchaser.
David Lenigas, the Company's Chairman, commented:
"This is a tremendous achievement for AAAP and a significant boost for the
business as the Company moves in to the 2017 year. Our outstanding service over
the past year to this particular blue chip customer, coupled with excellent
quality controls and the fact that AAAP's facilities are FSSC accredited
cemented this achievement. This order now places the Company in a good position
to exceed last financial year's c.1,000 tonnes sold."
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 Broker) +44 (0) 20 3005 5000
Andrew Raca / James Asensio
About Dynamic Intertrade
Dynamic Intertrade is based in a modern 3,000 m² FSSC compliant facility in
Cape Town, South Africa and is involved in the importation, milling, blending
and packaging of agricultural products that include herbs, spices, seasonings
and confectionary for both the domestic and export markets. Dynamic's
commercial activities fall into two principal categories: milling and/or
blending of herbs and spices and bulk trading of agricultural products.
END
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