Anglo African Ag PLC Statement re Share Price Movement
04 May 2018 - 4:00PM
UK Regulatory
TIDMAAAP
4 May 2018 For Immediate Release
Anglo African Agriculture plc
("AAA" or the "Company")
Share Price Movement
The Board of AAA note the recent share price fall and believe there is no
reason in terms of the underlying business for this fall.
Dynamic Intertrade, the main trading operation of AAA, is trading in line with
the expectations of the Board. Dynamic has recently enhanced the sales team and
is pleased to report new sales of ZAR14.8 million (approximately GBP900,000) in
addition to normal turnover over the next six months.
The Board continues to look for acquisitions, which may add significant value
to the Company. The Board are hopeful to be able to announce progress in this
regard in due course.
For further information please contact:
Anglo African Agriculture plc +44 (0) 20 7440 0640
David Lenigas, Non-Executive Chairman
Rob Scott, Executive Director +27 (0) 84 600 6001
VSA Capital Limited (Financial Adviser and +44 (0) 20 3005 5000
Corporate Broker)
Andrew Raca
END
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