Agriterra ( (GB:AGTA) ) has issued an announcement.
Agriterra Limited announced the successful passing of two resolutions at its General Meeting, including the disposal of its Mozambique Agricultural Business and a change of company name to PACSCo Limited. The disposal will relieve Agriterra of significant debt obligations and provide a working capital facility, positioning the company as a cash shell on AIM, which is expected to enhance shareholder returns.
More about Agriterra
Agriterra Limited is an African agricultural company listed on the AIM market. The company focuses on agricultural operations in Africa, providing services and products related to agriculture.
YTD Price Performance: -21.35%
Average Trading Volume: 27,203
Technical Sentiment Signal: Strong Buy
Current Market Cap: £502.8K
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