Georgetown, Grand Cayman Island
September 9, 2014
ORO AGRI SEZC LIMITED, (CSX: ORO KY), a global manufacturer of agricultural adjuvants, pesticides and foliar nutrients through its operating entities, announced it has been registered and listed on the Cayman Islands Stock Exchange (CSX). The company, with 18,000,244 shares issued, is doing an offering of an additional 1,000,000 shares at $3.25 per share. Thereafter, the company will consider a further 1,000,000 shares at a price still to be determined.
Erroll Pullen, CEO of ORO AGRI, comments on this milestone for the company, “This listing is a key component of our long term corporate strategy. It positions ORO AGRI to grow through making acquisitions, increasing manufacturing capacity, expanding global distribution, and funding R&D initiatives. In addition, we are proud to be among the groundbreaking industrial manufacturing companies to be listed on the CSX, which has historically been an exchange for financial companies.”
ORO AGRI has employees in 15 countries and manufacturing operations in the United States and South America, and toll manufacturing partners in South Africa and Europe. Its products are sold in more than 75 countries through more than 3,000 distributors and dealers. Recently, increased product adoption and growth has made it necessary for the company to hire its first ever regional managers in India to serve growers and retailers.
ORO AGRI SEZC LIMITED is a global organization dedicated to developing and marketing crop protection materials, liquid foliar fertilizers, plant nutrients and soil conditioners for agriculture, turf, and lawn and garden markets. The company operates worldwide with its products sold in over 75 countries. The Company is the holding company of the ORO AGRI group of companies and holds an indirect controlling interest in ORO AGRI, Inc. (OAI), the Group’s main operating company for sales and distribution activities in North America, and a direct controlling interest in ORO AGRI INTERNATIONAL LTD. (OAL), the Group’s main operating company for international sales and distribution activities outside of North America and product manufacturing in Brazil and Europe. In addition to the operations of OAI and OAL, all of the Group’s operations in Sub-Saharan Africa are conducted through ORO AGRI SA.