RNS Number : 5075P
Agriterra Ltd
20 June 2022

Agriterra Limited / Ticker: AGTA / Index: AIM / Sector: Agriculture

Agriterra Limited (‘Agriterra’ or the ‘Company’)

Board Changes

Agriterra Limited, the AIM listed African agricultural company, announces that its CEO, Rui Sant’ana Afonso, has tendered his resignation as an employee and board director, effective 31 July 2022. Hamish Rudland, a current Non-Executive Director and controller of the Company’s largest shareholder, Magister Investments Limited, will assume the position of Interim CEO from 1 August 2022 until a suitable replacement full time CEO is identified. Hamish will have the ongoing support of a strong senior management team, including George Naude and Tafadzwa Shangwa, to assist in undertaking his duties. The Board thanks Mr Sant’ana Afonso for his contributions and wish him well in his new endeavours.