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United States SEC release regarding Agria Corporation

Regulatory12 December 2018PGWIndustrials

11 December 2018

United States SEC release regarding Agria Corporation



The US Securities and Exchange Commission (SEC) announced today it has settled matters in relation to the

activities of Agria Corporation and its executive chairman Guanglin Lai.


Agria Corporation indirectly holds 50.22% of PGG Wrightson Limited (PGW) through Agria (Singapore) Pte

Limited.


Chair of the PGW Committee of Independent Directors, Bruce Irvine said, “that the Committee have maintained

a watching brief on this matter for some time. The SEC settlements relate to events that took place in the

United States and China prior to 2014. It is important to note the events do not involve PGW.”


Mr Irvine said that “the Committee would continue to assess any consequences that may arise for PGW. This

includes liaising with the New Zealand Overseas Investment Office regarding any implications concerning the

good character of Agria Corporation as a major shareholder in PGW.”


Mr Irvine said that “the Committee would update the market if there are any material developments that require

disclosure and consideration by PGW shareholders.”



Ends



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Linda Chalmers

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PGG Wrightson Ltd

Mobile: +64 27 405 3241

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