Business
Result of General Meeting & Issue of Equity
Result of General Meeting & Issue of Equity.
About this update from Pacsco Limited
[{"type":"text","content":"\n \nRNS Number : 7816Q Agriterra Ltd 14 September 2017 \n\nAgriterra Ltd / Ticker: AGTA / Index: AIM / Sector: Agriculture\n14 September 2017\nAgriterra Ltd ('Agriterra' or 'the Group')\nResult of General Meeting & Issue of Equity\n \nAgriterra Limited, the AIM listed African agricultural company, is pleased to announce that both resolutions were duly passed at the Company's General Meeting held earlier today. \n \nFollowing the conclusion of the formal business of the meeting, Caroline Havers, Chair of Agriterra, made the following statement:\n \n\"I am delighted that shareholders have approved this significant investment by Magister Investments Limited and I am confident that this will be seen, in the months and years to come, as a pivotal moment in the development of Agriterra.\n \n\"I would like to take this opportunity to welcome our new directors, who will formally join the board upon tomorrow's formal completion of the investment. I believe that they, together will the incumbent Agriterra team, provide the necessary experience and skill set to enable us to generate material value for all shareholders, principally through a significant cash injection and a refined growth strategy. I look to the future of Agriterra with a huge amount of optimism. \n \n\"I would also like to thank Andrew Groves, who today steps down from the Board, for his considerable input and leadership in the growth of the business up to this point.\"\n \nAdmission of New Ordinary Shares\n \nFollowing the passing of the resolutions at the General Meeting, the Company advises that admission of 1,062,243,291 New Ordinary Shares will occur on 15 September 2017 at 8.00 a.m.\n \nFor the purposes of the Disclosure and Transparency Rules, the total number of voting rights in the Company with effect from 15 September 2017 will be 2,124,061,769.\n \nThis figure may be used by Shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure and Transparency Rules.\n \n \n**ENDS**\n \nFor further information please visit www.agriterra-ltd.com or contact:\n\n\n\n\nCaroline Havers\n\n\nAgriterra Ltd\n\n\nTel: +44 (0) 20 7408 9200\n\n\n\n\nDaniel Cassian...