REG - Agriterra Ltd - Board Changes <Origin Href="QuoteRef">AGTAR.L</Origin>

AgriterraAnnouncement

22/04/2016 18:00

RNS Number : 1323W
Agriterra Ltd
22 April 2016
Agriterra Ltd / Ticker: AGTA / Index: AIM / Sector: Agriculture
22 April 2016
Agriterra Ltd ('Agriterra' or the 'Company')
Board Change
Agriterra, the AIM listed Africa focussed agricultural company, announces that Phil Edmonds has today stepped down as chairman of the Company. 
The remaining executive directors have identified a suitable candidate to replace Mr Edmonds as non-executive chairperson and anticipate that this appointment will be formalised in the coming days upon completion of all regulatory approvals; an announcement on this appointment will therefore follow in due course. 
Andrew Groves, CEO of the Company stated "Having worked with Phil for many years, I would like to take this opportunity to thank him for his commitment and support in our efforts to generate shareholder value in various projects across Africa. I wish him the very best for the future and I know that he will continue to be busy with his charitable activities in Zambia."
Mr Edmonds commented "Having recently reached the egregious pensionable age, my priorities are inevitably changing. I now want to devote more time towards charitable works generally and particularly in my home country of Zambia where I am involved in developing a provincial school for over 450 children. I do however remain fully convinced by the Agriterra vision and as a significant shareholder am fully supportive of the management team that we now have in place."
** ENDS **
For further information please visit www.agriterra-ltd.com or contact:
Andrew Groves
Agriterra Ltd
Tel: +44 (0) 20 7408 9200
Daniel Cassiano-Silva
Agriterra Ltd
Tel: +44 (0) 20 7408 9200
David Foreman
Cantor Fitzgerald Europe
Tel: +44 (0) 20 7894 7000
Michael Reynolds
Cantor Fitzgerald Europe
Tel: +44 (0) 20 7894 7000
Susie Geliher
St Brides Partners Ltd
Tel: +44 (0) 20 7236 1177

This information is provided by RNS
The company news service from the London Stock Exchange
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