Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAfriag Global Share News (AFRI)

  • There is currently no data for AFRI

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AfriAg to establish new food marketing and sales division

Tue, 17th Jun 2014 07:23

AIM-listed agri-logistics group AfriAg announced it plans to establish a new food marketing and sales distribution division. The new wholly-owned division will be based in South Africa and is expected to be operated through a newly incorporated company, AfriAg Marketing, funded from AfriAg's current cash reserves. Executive Chairman David Lenigas and Finance Director Donald Strang will be the initial directors of the new division.Lenigas said: "Through its investment focus on agriculture and logistics in Africa, the company is seeing multiple global opportunities for AfriAg to assist with sourcing and supplying African food produce; in particular in Asia and the Middle East. We will use this new wholly-owned division to capitalise on these opportunities for the company."As of 07:48 the share price was unchanged at 0.5p.WS
More News
16 May 2019 15:51

AfriAg seeks to become vertically-integrated cannabis firm through Appolon investment

(Sharecast News) - AfriAg Global has entered into a conditional subscription agreement to subscribe for shares in Jamaica-focussed medicinal cannabis company Apollon Formularies, it announced on Thursday.

Read more
18 Oct 2018 11:49

AfriAg makes maiden investment into medicinal marijuana sector

(Sharecast News) - London-listed food and logistics group AfriAg Global has made its first investment into the medicinal cannabis sector.

Read more
25 Jan 2016 12:43

AfriAg Shares Plummet As Company Favours IDSX Growth Market Over AIM (ALLISS)

Read more
21 Dec 2015 11:00

WINNERS & LOSERS SUMMARY: ITV Gains On Report Of Possible Comcast Bid

Read more
21 Dec 2015 08:48

David Lenigas Retires From 5 AIM Companies To Focus On Cuba Business

Read more
28 Sep 2015 14:20

AfriAg Applies For Admission To Trade On ISDX Growth Market (ALLISS)

Read more
25 Sep 2015 16:43

DIRECTOR DEALINGS: AfriAg Chairman David Lenigas Buys 5 Million Shares

Read more
25 Sep 2015 09:02

DIRECTOR DEALINGS: AfriAg Chairman Lenigas Buys 10 Million Shares

Read more
24 Sep 2015 07:44

AfriAg Loss Narrows, Expects Big Ramp Up In Activity In Second Half

Read more
4 Aug 2015 10:41

AfriAg jumps on strong first half performance

(ShareCast News) - Shares in AfriAg jumped almost 8% early on Tuesday, after the investment group reported strong performances for the first six months of 2015. The London-listed company said that approximately 907,000kg of perishable produce was transported by air in the first half to the end of Ju

Read more
4 Aug 2015 07:29

AfriAg Says First Half Was Strong; Expects Second Half To Be Stronger

Read more
8 Jul 2015 10:13

UK Oil & Gas Investments Makes Sanderson Chairman, Replacing Lenigas

Read more
26 Jun 2015 16:46

AfriAg reports wider pretax loss as revenue overshadowed by costs

AfriAg posted a wider pretax loss in 2014, as administration expenses eclipsed its maiden revenue. The agriculture logistics company's pre-tax loss hit £0.8m for the full-year, compared to just £0.3m in 2013. On top of higher-than-expected admin costs of £0.4m, a further £0.4m was lost on an equity

Read more
26 Jun 2015 10:28

AfriAg Pretax Loss Widens In 2014 Despite Generating Maiden Revenue

Read more
9 Apr 2015 11:53

LONDON MIDDAY BRIEFING: Horse Hill Well Brings North Sea To Surrey

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.