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Afriag plc

AfriAG PLC up 6.85% today

Shares of Afriag Plc ticker lookup code: LON:AFRI a pan-African agri-logistics conglomerate with offices and representative offices in all 55 Countries across Africa gained 6.85% or 0.02 points in today’s trading session. Investors remained positive during the trading session. Range high for the day saw 0.39 while the low for the day was 0.33. The number of shares traded totalled 6,794,522 with the daily average at 748,402. The 52 week high for the shares is 0.79 which comes in at -0.42 points in different to the previous day’s close of business and a 52 week low sitting at 0.25 which is a difference of 0.12 points.  The stock closed on 0.39. The market capitalisation is now £5.94m. Share price is traded in GBX. Market cap is measured in GBP.

 

AfriAg plc LON:AFRI is a United Kingdom-based investment company. The Company intends to seek to acquire a direct and/or an indirect interest in businesses involved in agriculture and the production, processing, logistics and distribution of agricultural produce. The Company focuses on opportunities in Europe, Africa and the Middle East. The Company may invest by way of purchasing quoted shares in appropriate companies, outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, or by entering into partnerships or joint venture arrangements. The Company has no limit on the number of businesses into which it may invest. The Company has established its wholly owned agri-produce marketing and sales and distribution division, AfriAg Marketing Pty Ltd in South Africa.

“Africa will feed not only itself but the rest of the world in time. It will become the bread basket to the world.”

Executive Chairman David Lenigas

 

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