Resolutions passed at GM of Agriterra

Agriterra has confirmed that all resolutions were passed by shareholders at today's General Meeting.

Accordingly, the admission of 1,062,243,291 New Ordinary Shares will occur on 15 September.

Following the conclusion of the formal business of the meeting, Caroline Havers, Chair of Agriterra, made the following statement:

"I am delighted that shareholders have approved this significant investment by Magister Investments Limited and I am confident that this will be seen, in the months and years to come, as a pivotal moment in the development of Agriterra.

"I would like to take this opportunity to welcome our new directors, who will formally join the board upon tomorrow's formal completion of the investment. I believe that they, together will the incumbent Agriterra team, provide the necessary experience and skill set to enable us to generate material value for all shareholders, principally through a significant cash injection and a refined growth strategy. I look to the future of Agriterra with a huge amount of optimism.

"I would also like to thank Andrew Groves, who today steps down from the Board, for his considerable input and leadership in the growth of the business up to this point."

At 1:24pm: (LON:AGTA) Agriterra Ltd share price was +0.01p at 0.26p