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KSG AGRO S.A.: Acquisition of 6 agricultural companies in Ukraine

2012-06-25 08:45
publikacja
2012-06-25 08:45
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Spis treści:

1. REPORT

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 19 / 2012
Date of issue: 2012-06-25
Short name of the issuer
KSG AGRO S.A.
Subject
Acquisition of 6 agricultural companies in Ukraine
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
The Board of Directors of KSG Agro S.A. (the "Company") informs that a Subsidiary of the Company entered into the deal to acquire 5 Ukrainian companies leasing 12 000 hectares of land in Crimea.
The lands are partially irrigated and are in close proximity to Black Sea ports.
The Subsidiary of the Company also entered into the other deal to acquire Ukrainian company, which leases 2 000 hectares of land in Dnipropetrovsk region. Those lands are in close proximity to the existing divisions of the Company.
After finalizing the deals total land bank under KSG Agro S.A. control will be around 84 000 hectares.
The acquisitions will allow the Company to enlarge its land bank and to reach its targets in the current year.
Acquisition will be finalized subject to customary due diligence and obtaining regulatory approvals in Ukraine.
The Board of Directors of KSG Agro S.A. will inform on official closing of the deal.

Legal grounds: Article 56.1 of Polish Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, and Article 14 of the Luxembourg law of 11 January 2008 relating to the transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market.
Annexes
File Description

(fullname of the issuer)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
(post code) (city)
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2012-06-25 Aleksandr Perov Investor Relations Officer
Źródło:Komunikaty spółek (ESPI)
Tematy

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