The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
7 August 2026
PACSCo Limited
('PACSCo' or the 'Company')
Completion of Disposal and AIM Rule 15 Classification
Further to the Company's previous announcements regarding the agreed disposal of its Mozambique agricultural assets, the board of the Company (the "Board") confirms that it has now received the Bank of Mozambique's ("BOM") acceptance and approval of the assignment of the debt funding previously provided by the Company to the local operating entities in Mozambique, which was the final condition to completion of the disposal of its Mozambique operations.
Accordingly, the Company is now classified as a cash shell for the purposes of AIM Rule 15. The Company intends to complete a reverse takeover transaction within the coming six (6) months and is currently evaluating several opportunities. Further updates will be provided as and when appropriate.
** ENDS **
For further information please visit http://www.agriterra-ltd.com/ or contact:
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PACSCo Limited |
Caroline Havers
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Strand Hanson Limited
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Ritchie Balmer / James Spinney +44 (0) 207 409 3494 |
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AlbR Capital Limited Broker |
Duncan Vasey +44 (0) 207 469 0930 |