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Subscription and Notification of Directors Hold...
Subscription and Notification of Directors Hold....
About this update from Everest Global Plc
[{"type":"text","content":"\n \n THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION.\n This announcement does not constitute a prospectus or offering memorandum or an offer in respect of any securities and is not intended to provide the basis for any decision in respect of Anglo African Agriculture plc or other evaluation of any securities of Anglo African Agriculture plc or any other entity and should not be considered as a recommendation that any investor should subscribe for or purchase any such securities.\n The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n 24 July 2020 \n Anglo African Agriculture plc\n (“AAA” or the “Company”)\n Subscription and Notification of Directors Holdings\n The Company is pleased to announce the subscription (the \"Subscription\") for 2,566,889 new Ordinary Shares (the \"Subscription Shares\"), the Company raised net proceeds totalling £97,786 at a Subscription Price of 4 pence per share.\n The Subscription Price represents a discount of 13.04 per cent to the closing price of 4.6 pence on 22 July 2020, being the business day prior to agreement of the Subscription. The Subscription is not being underwritten and is conditional on admission of the Subscription Shares to trading on the London Stock Exchange's Main Market for listed securities. The Subscription is being conducted pursuant to the existing authorities granted to the Directors of the Company at its annual gen...