| | POLISH FINANCIAL SUPERVISION AUTHORITY | |
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| | | UNI - EN REPORT No | 3 | / | 2014 |
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| | Date of issue: | 2014-01-27 | | | | | | | | |
| | Short name of the issuer | | | | | | | |
| | INDUSTRIAL MILK COMPANY S.A. | |
| | Subject | | | | | | | | | | |
| | Completion of acquisition of the agricultural company 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 Industrial Milk Company S.A. informs that a Subsidiary of Industrial Milk Company S.A. purchased 60% stake in the Ukrainian agricultural company - AgroKIM LLC leasing 16 000 hectares of land and possessing grain and oilseed crops’ storage capacities of 195 000 tonnes.
The value of the deal is USD 18 mln.
Taking into account that in August 2013 a Subsidiary of Industrial Milk Company S.A. purchased 40% stake in the above mentioned agricultural company (current report of Industrial Milk Company S.A. No. 11/2013, as of August 28, 2013), after acquisition announced in this current report, Industrial Milk Company S.A. owns and controls 100% of assets of AgroKIM LLC.
Thereby at present the farming land bank of Industrial Milk Company S.A. totals 136.7 ths hectares. The storage capacities of Industrial Milk Company S.A. total 554 ths tonnes.Legal basis: Articl e 56 sec. 1 point 1 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (Journal of Laws No. 184, item 1539, as amended) – Inside Information.
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| | Annexes | | | | | | | | | | |
| | File | Description | |
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