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AGRITERRA LD

Net Asset Value May 30, 2025

7473_bfr_2025-05-30_38b4ae2d-69f6-4112-a2ae-64f63a0e1524.html

Net Asset Value

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National Storage Mechanism | Additional information

RNS Number : 8470K

Pacsco Ltd

30 May 2025

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.

30 May 2025

PACSCo Limited

('PACSCo' or the 'Company')

Update on Mozambique Asset Disposal

PACSCo Limited, the AIM-quoted African agricultural company shortly to be designated an AIM Rule 15 cash shell, provides the following update:

In connection with the proposed disposal of its Mozambique agricultural assets as announced on 10 March 2025 and which was approved by shareholders on 31 March 2025 (the "Disposal"), PACSCo Limited (formerly Agriterra Limited) advises that the process of engaging with local regulators in Mozambique as required to implement the Disposal has taken longer than initially expected due to unforeseen circumstances. Formal engagement is underway and the Company is hopeful of completion of the local requirements/procedures within the next three months (i.e. ahead of the 180 day longstop date in the agreement governing the Disposal).

Once these requirements/procedures have been completed, the Disposal will formally complete and the Company will thereafter be deemed to be an AIM Rule 15 "cash shell". Further information in this regard can be found in the Company's circular dated 10 March 2025 which can be found on the Company's website ( www.pacsco.co.uk) ."

** ENDS **

For further information please visit www.pacsco.co.uk or contact:

PACSCo Limited Caroline Havers

[email protected]
Strand Hanson Limited

Nominated & Financial Adviser
Ritchie Balmer / James Spinney

+44 (0) 207 409 3494
Peterhouse Capital Limited

Broker
Duncan Vasey / Heena Karani

+44 (0) 207 469 0930

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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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