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Beryl Holdings / African Potash clarification

RNS Number : 7389H
African Potash Ltd
02 December 2015
 

  African Potash Limited / Index: AIM / Epic: AFPO / Sector: Mining

2 December 2015

 

African Potash Limited ('African Potash' or 'the Company')

Beryl Holdings (Pty) Ltd / African Potash relationship clarification

 

Following the release of the RNS on 1 December 2015 regarding the agreement between Beryl Holdings (Pty) Ltd ('Beryl Holdings') and African Potash, the Company wishes to clarify that Beryl Holdings has a shareholding in Bollore Logistics South Africa, which forms part of Bollore Africa Logistics.  This is as opposed to a shareholding in Bollore Africa Logistics itself as previously advised.

 

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For further information visit www.africanpotash.com or contact the following:

 

Chris Cleverly

African Potash Limited

+44 (0) 20 7236 1177

Stewart Dickson

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000      

Jeremy Stephenson

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000      

Carrie Drummond

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000     

David Porter

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000     

Colin Rowbury

Cornhill Capital Limited

+44 (0) 20 7710 9610

Charlotte Heap

St Brides Partners Ltd

+44 (0) 20 7236 1177      

Hugo de Salis

St Brides Partners Ltd

+44 (0) 20 7236 1177 

 

 

About African Potash

 

African Potash is an AIM quoted company focussed on building a vertically integrated platform for the mining, production and distribution of fertiliser, primarily within Africa. 

 

The Company has a trading agreement with the Common Market for Eastern and Southern Africa ('COMESA'), a free trade union for twenty African member states, to supply and deliver at least 500,000 metric tonnes of fertilisers on an annual basis to off-takers identified and introduced by COMESA.  To date a number of supply agreements have been secured in Zambia, Zimbabwe, Malawi and the Democratic Republic of Congo. 

 

The Company also operates the Lac Dinga Project in the Republic of Congo, which is prospective for potash, a key source of potassium fertiliser.

 

About Beryl Holdings

 

Beryl Holdings is a diversified investment company based in Johannesburg, South Africa, that focuses on strategic proprietary investments.  It holds equity interests in a balanced portfolio of medium capitalised companies spanning five core sectors:

 

·    Agriculture Commodity Trade

·    Logistics, Rail and Ports

·    Energy and Oil

·    Mining and Resources

·    ICT

 

Beryl Holdings is a forwardlooking company with a focus on longterm value.  They select their partner-companies strategically, singling out seasoned players within each sector who share their progressive outlook.  In exchange for indepth industry knowledge and expert capacity, Beryl Holdings offer their partner-companies access to an expansive network of resources and business relationships, as well as BroadBased Black Economic Empowerment accreditation.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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