Anglo African Ag PLC Notice of GM

 
TIDMAAAP 
 
6 November 2018                                         For Immediate Release 
 
                         Anglo African Agriculture plc 
 
                           ("AAA" or the "Company") 
 
                          Notice of General Meeting. 
 
As announced on 14 September 2018, the Company raised GBP805,000 in a Fundraising 
comprising the issue of 161,000,000 new ordinary shares of 0.1p (the 
"Subscription") at 0.50p per Subscription Share (the "Subscription Price") and 
issue of GBP250,000 of convertible loan notes for 50,000,000 loan notes of 0.50p 
(the "Loan Notes") with a conversion price of 0.75p (the "Conversion Price"). 
 
Warrants were attached to the Subscription Shares on a 1-for-1 basis, with an 
exercise price of 1.0p per ordinary share and expire 12 months from allotment 
of the Subscription Shares (the "Subscription Warrants").  Further, warrants 
will be attached to any new ordinary shares that are issued as a result of 
conversion of any Loan Notes, on a 1-for-1 basis on the same terms as the 
Subscription Warrants ("Loan Note Warrants").  A maximum of 194,333,333 new 
ordinary shares could potentially be issued in the event that all Subscription 
Warrants and Loan Note warrants are exercised. 
 
As was stated in that announcement, a General Meeting was to be convened by the 
Company in due course, order to provide sufficient headroom for the exercise of 
the Subscription Warrants and the Conversion Warrants. 
 
AAA gives notice that the General Meeting of the Company is to be held at 
10.30am GMT at the offices of VSA Capital, New Liverpool House, 15-17 Eldon 
Street, London, EC2M 7LD on Tuesday 27 November 2018. 
 
Information on the resolutions to be voted on at the General Meeting can be 
found in the Notice of General Meeting that, along with forms of proxy, has 
been posted to shareholders and is available on the Company's website http:// 
www.aaaplc.com/ . 
 
For further information please contact: 
 
Anglo African Agriculture plc                       [phone] 
 
David Lenigas, Non-Executive Chairman 
 
Rob Scott, Executive Director                       [phone] 
 
VSA Capital Limited (Financial Adviser and          [phone] 
Corporate Broker) 
 
Andrew Raca 
 
 
 
 
END 
 

(END) Dow Jones Newswires

November 06, 2018 12:23 ET (17:23 GMT)