The Bank announces that it is closely monitoring the possible impact of COVID-19 on its operations and performance of the Group and is committed to safeguard it employees and to continue to service its customers within the prudential restrictions currently in place.

Furthermore, in light of the fact that this pandemic is still subject to future developments, the Bank will keep re-assessing the situation and the impact it may possibly have on its operations and performance with a view to keep its customers updated.

Frank Sekula became the interim CEO of AgriBank PLC on 27 September 2018 after Roderick Psaila left the post.  The Bank thanks Mr Psaila for his service and is currently in the process of hiring a permanent CEO.  Click here for More info.

AgriHoldings plc (the ‘Company’) is pleased to announce that the offer of €2,000,000 4.875% Senior Secured Bonds 2024 (the ‘Bonds’), issued in terms of an Admission Document (the ‘Admission Document’) dated the 12th December 2017, offered via
subscription through Curmi&Partners Limited in its capacity as Placement Agent, Manager, and Registrar, has been fully subscribed. Subscriptions closed today, the 20th day of December 2017.

Interest on the Bonds at the rate of 4.875% per annum shall commence on the 28th December 2017 and shall be payable annually in arrears on the 31st December of each year with the first interest payment falling due on the 31st December 2018.

The Bonds will be admitted to trading on Prospects MTF on the 28th December 2018 and trading will commence on the same day.

The Board of Directors of the Company wishes to thank its advisors, and the investing public for their strong support in this, its first bond issue on Prospects MTF.

Read the Malta Business Review’s Interview with AgriBank CEO Roderick Psaila ‘Ready for the Challenge’ by clicking here.

AgriBank enjoyed participating in the NACFB Commercial Brokers event at the Birmingham NEC on the 21^st June 2017.   We are happy to report that we were successful in expanding our broker network to help us deliver more funding to the agricultural and rural sectors.  The feedback that we have received so far has been extremely positive, especially from generalist brokers.  They feel like they have now identified the right specialist lender who can help them solve the needs of their agricultural and rural clients.

We are delighted to announce that AGRIBANK will once again be the headline sponsor at LAMMA 2016.

The bank provides agricultural asset finance to farmers all over the UK including finance for a wide range of diversification projects such as biomass, AD and solar.

Commenting on sponsoring LAMMA 2016, Frank said: “We are delighted to be the headline sponsor again and looking forward to working with the Briefing Media team to make LAMMA 2016 another great success.”

Because we are dedicated to UK farming, LAMMA is our key event to meet up with existing clients and to identify new ones who we can help to improve their business performance – be it to buy machinery, land or diversify into new projects.”

“Rupert Levy, Director of Briefing Media,  which owns LAMMA, said: “We are delighted that AgriBank is once again headline sponsor for a third year at LAMMA and will continue to help us make the show the largest and most successful farming event in the UK “.

LAMMA will take place on Wednesday 20 and Thursday 21 January 2016 at the East of England Showground, Peterborough.

AgriBank proudly sponsored the Farmers Weekly award for diversification again this year at the Grosvenor House Hotel in London on 1st October 2015 . Pictured are Frank Sekula founder of AgriBank with the winners Richard and Fraser Manners of John Manners, Northumberland who remain hands-on with their arable operation as well as running a thriving combine breaking business, a haulage contracting business, an HGV workshop and a shot-blasting and spray-painting facility as well as having converted derelict buildings on another farm into eight holiday cottages.

Britain’s farmers flocked to Peterborough on the 21st and 22nd January 2015 for the AgriBank sponsored LAMMA’15, and see the latest agricultural technology and farming services.

More than 20,000 people visited the event at the East of England Showground on Wednesday with another 20,000 on Thursday. Those visitors were able to experience the latest farm equipment from nearly 1,000 exhibitors from across the UK and Europe.

The number of visitors, the 125 acre site and 1.5 million square feet of exhibition space makes LAMMA the largest annual trade show in any industry in the UK.

“The feedback we’ve had from visitors and exhibitors has been tremendous,” says Rupert Levy, director of Briefing Media, which organise the event.

“There is nowhere else that you can see such a range of machinery and technology from across the UK’s agricultural sectors. What people love about LAMMA is that you can visit stands demonstrating the latest hi-tech combines right through to stands that sell essential workshop tools and supplies. This year visitors have appreciated the fact that the show is split into clearly defined areas covering all aspects of farming and countryside management.”

Frank Sekula, owner of AgriBank, the headline sponsor of LAMMA’15, praised the event for its quality:

“LAMMA’15 is ideal for us as it has allowed us to have some very serious business conversations with a wide range of farmers. We pride ourselves in being able to offer competitive loans to farmers quickly and efficiently and that is just what the visitors to LAMMA are after as they develop their businesses.”

Matthew Smart was removed from the Board of Directors of AgriHoldings LTD, the holding company of AgriBank PLC today. As a result, Matthew Smart has no involvement with AgriBank PLC whatsoever.

The Malta Financial Services Authority has been duly informed.

Enquiries:
Alex Walters
Cadogan PR
020 7499 5002

At the annual dinner held by Farmers Weekly magazine on the 2nd October at the Grosvenor House Hotel in London, winning farmer, David Horler received his award form AgriBank founder Frank Sekula after winning the Diversification Farmer of the year award for 2014.

David who runs Highchurch Farm in Radstock Somerset is behind the Tractor Ted range of children’s books, DVD’s gifts and clothing popular with two to six year olds across the UK. He beat David and Diana Harper of Top Barn Farm, Worcestershire and Helen and David Harrison of Greyabbey, Newtonwards in Ireland to win the award.   The Tractor Ted story began in 2001 when David and his friend Ally Heard saw the fascination of young children with farm machinery in their fields. 17 DVD’s and 11 books later, the Tractor Ted brand is now stocked in 600 country shops in the UK and Ireland.

The smiling Green tractor is also the face of play farms in Wiltshire and Perthshirethat attract 250,000 visitors a year and have an annual show.   On the farming side, David has left the management of his 200ha organic farm to his nephew Tom, to grow wheat, barley red clover and running a 50 cow suckler herd.   Looking forward, David has a clear strategy to develop the business further. Consistently it has delivered 15-20% revenue increase every year for the past ten years and he is now looking to open a third play farm in Hampshire and exploring the idea of Tractor Ted branded play barns.   “The vision for Ted is to get into more urban homes, to get the message to those children about farming” David says. “It’s all about where the food comes from and we want more people to connect with farming”