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29 May 2013 07:00
29 May 2013
AfriAg plc
("AfriAg" or the "Company")
Director dealing
AfriAg plc (AIM: AFRI), the AIM listed investing company, announces that on 28 May 2013 it received notification that, on 28 May 2013, David Lenigas (Executive Chairman) acquired 1,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 1.05 pence per Ordinary Share. Following this transaction, David Lenigas holds 105,000,000 Ordinary Shares in the Company representing 12.79% of the current issued share capital of the Company.
David Lenigas also holds 40,000,000 warrants which entitle him to subscribe for 40,000,000 new Ordinary Shares in the Company at a price of 0.1 pence per Ordinary Share, exercisable at any time up to 31 December 2015. David Lenigas also holds share options over a total of 13,000,000 Ordinary Shares in the Company at an exercise price of 0.1 pence per Ordinary Share.
For further information please contact:
AfriAg plc | +44 (0) 20 7440 0640 |
David Lenigas Donald Strang
| |
Allenby Capital Limited (Nominated Adviser and Broker) | +44 (0) 20 3328 5656 |
Nick Naylor Nick Athanas
|
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