|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Aquatic Food||LSE:AFG||London||Ordinary Share||JE00BQQG1J93||ORD NPV|
|Price Change||% Change||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
Aquatic Foods Group PLC Result of AGM
UK Regulatory (RNS & others)
RNS Number : 6137E
Aquatic Foods Group PLC
19 July 2016
Press Release 19 July 2016
Aquatic Foods Group Plc
("Aquatic Foods" or the "Company")
Result of AGM
Aquatic Foods Group Plc (AIM: AFG), a leading Chinese marine foods and seafood processor and producer, supplying to export and local markets, is pleased to announce that at its Annual General Meeting held earlier today, 19 July 2016, all resolutions put to the meeting were duly passed.
- Ends -
For further information:
Aquatic Foods Group Plc Dr Wang Shaodong, Non-Executive Chairman Tel: +44 (0) 20 7398 7714 www.aquatic-foods.com SP Angel Corporate Finance LLP Nominated Adviser and Broker Stuart Gledhill / David Facey Tel: +44 (0) 20 3470 0470 www.spangel.co.uk
Abchurch Communications Limited Julian Bosdet / Canace Wong Tel: +44 (0) 20 7398 7714 AquaticFoods@abchurch-group.com www.abchurch-group.com
Notes to Editors:
Aquatic Foods Group is a leading marine foods and seafood processor and supplier based in China. The Group initially built its business through focusing on the export market (principally Japan under the "Kanwa Foods" brand), and subsequently established the "Zhenhaitang" brand in 2007 in mainland China to take advantage of the growing market driven by growing disposable income within the Chinese middle-classes and a more health conscious consumer base.
The Group benefits from excellent food safety procedures developed over many years which have helped the Group to build a strong track record of supplying its products into overseas markets. This track record has enhanced the perception of the quality and reliability of the Group's products in China and has allowed the Group to expand significantly into local markets as demand for seafood products has increased. In a market that has seen regular public health scares relating to food safety, the Group considers that its adherence to these standards to be a key strength. The Group has obtained the following key standards:
- ISO 9001 Quality Management System certification - HACCP Food Safety System certification - BRC certification; and - Marine Stewardship Council certification
Aquatic Foods works with a network of distributors to effectively market its products in China. The Group has continued to grow its distributor relationships and now distributes its products in 16 provinces, municipalities and autonomous regions in China through 50 regional distributors. These distributors in turn sell the Group's products to sub-distributors and retailers, including supermarket chains and hypermarkets.
Further information can be viewed at www.aquatic-foods.com.
This information is provided by RNS
The company news service from the London Stock Exchange
(END) Dow Jones Newswires
July 19, 2016 07:49 ET (11:49 GMT)
1 Year Aquatic Food Chart
1 Month Aquatic Food Chart