fairafric Subscription Right
Benefit from a unique discount and be part of a historic step for fairafric
A Securities Information Sheet has been prepared for this security.
Information on the purchase offer
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Issue price of shares: €14.62
The issue price of a share, and thus the share price, is €14.62, with a par value of €1.00.
Issue Volume: €1,739,882.34
A total of 119,007 shares will be issued for €1,739,882.34.
Type of Shares: Common shares
Only common shares with voting rights are issued.
Limited time offer
The offer is only valid until October 30, 2024. All inquiries will be processed in the order they are received.
Exclusive Offer
This offer is exclusively for existing fairafric shareholders.
Review fairafric
The fairafric Group (Germany, Ghana, Amanase) valued at approx. €11 million before the financing round.
About
Here's how it works
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Fill out form
We will create a personalized subscription certificate using your data.
Sign
Print out the contract in duplicate and sign both copies. Then, please send us both copies by mail.
Deposit
Once we have countersigned the contract, we will send it to you along with a payment request. Please then transfer the amount to the account we provided.
Entry in the share register
We will register you in the shareholder register as soon as the shares have been created.
Frequently Asked Questions about fairafric
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Who is behind fairafric?
The owners of fairafric are the founding team, our 1142 shareholders from among our customers, Ludwig Weinrich GmbH and claro fair trade AG, as well as our team and the cocoa farmers of our partner cooperative.
What exactly is the money used for?
1. We will expand the capacity of our drops line. Our current drops line runs 24 hours a day, and we can barely meet existing demand with it. Therefore, we want to build another plant and create new jobs.
2. We will increase our capacity for handmade chocolate products, create more jobs, and also acquire better equipment here so that we can meet the high demand from our B2B customers.
3. The establishment of a marketing and sales team in Ghana, as well as the intensification of our sales channels in Europe.
When will the break-even point be reached?
We expect to operate profitably from 2025 onwards. The sharp increase in raw material prices is currently having a significant impact on our costs, and as we need to substantially increase our ingredient and intermediate storage to enable the upcoming growth, we will still report a loss for 2024.
Can one view this in person?
With our new Visitor Center, we want to give our customers the opportunity to gain an in-depth look at our operations. The factory tour is combined with a visit to our farmers' communities, all in one day! A unique experience worldwide!
About
The Management Team in Ghana
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Michael Marmon-Halm
Managing Director Ghana
Michael is the Managing Director in Ghana and brings more than 12 years of experience in the cocoa industry in Ghana, having studied quality management.
Griselda Esther Ossei
Chief of Staff
Griselda brings a wealth of experience in accounting and supports the strategic planning and implementation of the fairafric brand, marketing, HR and operations in Ghana.
Henry Langma
Operations Manager
Henry leads the Operations division (Production, Engineering, Logistics) at fairafric and has successfully established several cocoa processing factories in Ghana.
Audrey Marmon-Halm
Quality Manager
Our Quality Manager Audrey brings 11 years of professional experience in quality control and quality assurance.
About
The Management Team in Germany
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