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Completion of acquisition of an agricultural enterprise and obtaining of land lease agreements

04-07-2012


POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 15 / 2012
Date of issue: 2012-07-04
Short name of the issuer
INDUSTRIAL MILK COMPANY S.A.
Subject
Completion of acquisition of an agricultural enterprise and obtaining of land lease agreements
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 Industrial Milk Company S.A. informs that, following issuance of current report No. 7/2012 dated April 24, 2012, a Subsidiary of Industrial Milk Company S.A. acquired the Ukrainian company leasing 14 500 hectares of land in the Sumy region of Ukraine in close proximity to the one of the existing clusters of Industrial Milk Company S.A. (with 5-7 years lease term). The value of the deal is USD 10 400 000.
A Subsidiary of Industrial Milk Company S.A. after entering into the deal with another Ukrainian company obtained land lease agreements for 4 000 hectares of a farm land in Poltava region. All land is located in close proximity to the one of the existing clusters of Industrial milk Company S.A.
Thereby the farming land bank of Industrial Milk Company S.A. was increased by 18 500 hectares and at present totals 82 690 hectares.
Annexes
File Description

Nazwa arkusza:


INDUSTRIAL MILK COMPANY S.A.
(fullname of the issuer)
INDUSTRIAL MILK COMPANY S.A. Spożywczy (spo)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
(post code) (city)
Avenue Pasteur 16
(street) (number)
+352 27478488 +352 27478489
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

Nazwa arkusza:


SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2012-07-04 Ievgen Osypov CEO Ievgen Osypov
2012-07-04 Oleg Todchuk Vice-president Oleg Todchuk

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