AAAP.L Regulatory News (AAAP)

Anglo African Agriculture PLC - Result of General Meeting

PR Newswire

London, December 9

Anglo African Agriculture plc

(“AAA” or the “Company”)

Results of General Meeting

Anglo African Agriculture plc (LSE: AAAP), is pleased to announce that at its General Meeting held today, all Resolutions as set out in the Notice of General Meeting were duly passed.

Ordinary Resolutions Passed

1. THAT the purchase by the Company from ZRH Nominees (0105) Ltd, being a company connected with George Roach, a director of the Company, of 5,150 ordinary shares in Dynamic Intertrade Agri (Pty) Limited for up to £150,000, to be satisfied by the issue of Shares, be approved.

2. THAT in accordance with section 551 of the Companies Act 2006 as amended (the “2006 Act”), the directors be generally and unconditionally authorised to allot Shares or grant rights to subscribe for, or to convert any security into, Shares, up to an aggregate nominal value of £94,896, provided that this authority shall, unless renewed, varied or revoked by the Company in general meeting expire at the conclusion of the next annual general meeting or on 30 April 2017, being the date which is 6 months after the last accounting reference date of the Company, (if earlier) save that the Company may at any time before such expiry make an offer or agreement which might require Shares to be allotted after such expiry and the directors may allow Shares to be allotted in pursuant of such offer or agreement notwithstanding that the authority hereby conferred has expired.

This resolution revokes and replaces all unexercised authorities previously granted to the directors of the Company in accordance with section 551 of the 2006 Act but without prejudice to any allotment of shares or grant of rights already made, offered or agreed to be made pursuant to such authorities.

Special Resolutions Passed

3. THAT, subject to resolution 2 above being duly passed, the directors be generally empowered pursuant to sections 570 and 571 of the 2006 Act to allow equity securities (as defined in section 560 of the 2006 Act) as if section 561(1) of the 2006 Act did not apply to any such allotment pursuant to the general authority conferred on them by resolution 2 above (as varied from time to time by the Company in general meeting) provided that power is limited to:

3.1 the allotment of equity securities in connection with a rights issue or any other offer to holders of Shares in proportion (as nearly as may be practicable) to their respective holdings and to holders of other equity securities as required by the rights of those securities or as the directors otherwise consider necessary, but subject to such exclusions or other arrangements as the directors of the Company may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates, legal or practical problems in or under the laws of any territory or the requirements of any regulatory body or exchange;

3.2 the allotment of up to 94,896,000 Shares issued for cash (otherwise than pursuant to paragraphs 3.1 above);

and the power hereby conferred shall, unless renewed, varied or revoked by the Company in general meeting, expire at the conclusion of the next annual general meeting or on 30 April 2017, being the date which is 6 months after the last accounting reference date of the Company, (if earlier) save that the Company may, before such expiry make an offer or agreement which would or might require equity securities to be allotted after such expiry and the directors may allot equity securities in pursuance of such offer or agreement notwithstanding that the powers conferred by this resolution has expired.

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Notes to Editors:

Anglo African Agriculture (LSE: AAAP) is a London Stock Exchange Main board listed food manufacturing and agricultural commodity trading company. AAA is the 100% owner of Dynamic Intertrade (Pty) Limited.

Dynamic, works from its modern 3,000 m² FSSC compliant facility in Cape Town and is focused on the manufacture, import and distribution of herbs, spices and seasonings for the food manufacturing sector. It has the required approvals and licenses to export Dynamic’s products globally. Dynamic also offers Halaal and Kosher Certification on all of its products and these products can either be purchased under Dynamic’s own brand or contract packed and labelled under customer’s own label. Dynamic has created its own bottled spice range and is looking to commercialize it both locally and internationally.

http://www.dynamicintertrade.co.za