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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Everest Global plc | AQSE:EVST.GB | Aquis Stock Exchange | Ordinary Share | GB00BKBS0353 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.40 | 1.00 | 1.80 | 1.40 | 1.40 | 1.40 | 0.00 | 06:44:13 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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20 July 2023
Everest Global plc
("EG" or the "Company")
Sale of minority shareholding of Dynamic Intertrade Agriculture
As stated in the Company's results for the year ended 31 October 2021, the
Directors had committed to the sale of its 46.8% equity stake in Dynamic
Intertrade Agriculture (Pty) Ltd ("DIA"). As such, the investment has been held
in the balance sheet of the Group as an asset held for sale since that decision
was made.
The Company is pleased to announce that it has now reached agreement with Athena
Trading Worldwide Limited, a private company, for the sale of its 46.8% stake in
DIA, for a consideration of £15,384.62, payable in cash on completion The
contractual completion date is 31 July 2023.
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the
European Union (Withdrawal) Act 2018).
The Directors of the Company take responsibility for the contents of this
announcement.
For further information please contact the following:
Everest Global plc
Andy Sui, Chief Executive +44 (0) 776 775 1787+27 (0)84 6006 001
OfficerRob Scott, Non-Executive
Director
Cairn Financial Advisers LLP
Jo Turner / Emily Staples +44 (0) 20 7213 0885 / +44 (0)20 7213 0897
This information was brought to you by Cision http://news.cision.com
END
(END) Dow Jones Newswires
July 20, 2023 05:22 ET (09:22 GMT)
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