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Afriag plc

AfriAg plc David Lenigas increases holding

AfriAg Plc (LON:AFRI) announced today that it was informed on 24 September 2015 that on 24 September 2015, David Lenigas, a director of the Company, purchased 10,000,000 ordinary shares of 0.1p each at a price of 0.4p each. Following this transaction, Mr Lenigas’ holding in the Company is 116,000,000 ordinary shares representing approximately 8.40 per cent. of the Company’s issued share capital.

Afriag Plc’s principal activity is that of investing by seeking to acquire a direct and/or indirect interest in projects and assets in the agriculture and logistics sectors. The Company focuses on opportunities in Europe, Africa and the Middle East. The Company, through its wholly owned subsidiary AfriAg Marketing (Pty) Ltd, is engaged in the export and import of perishable food products.

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