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Placing to support expansion

28/10/2009 · Agriterra (AGTA) 

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The central and southern African agricultural company announced a conditional placing of 63.9m new ordinary shares to both new and existing shareholders to raise £3.2m. The funds are being raised to expand its subsidiary’s cattle ranching and feedlot production business in sub-Saharan Africa to meet the growing demand for beef in the area.

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