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Kernel Holding SA
KERNEL TO ACQUIRE OILSEED CRUSHING PLANT FOR USD 96 MILLION

26-02-2016


POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 4 / 2016
Date of issue: 2016-02-26
Short name of the issuer
KERNEL HOLDING S.A.
Subject
KERNEL TO ACQUIRE OILSEED CRUSHING PLANT FOR USD 96 MILLION
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
Kernel announces it has entered, on 25 February 2016, into binding documentation to acquire the assets, through an assignment agreement with a Ukrainian bank, of an oilseed crushing plant for USD 95.8 million, payable in arrears over five years. Commissioned in 2012, the world-class facility has an installed crushing capacity of 560,000 tons of sunflower seed per year. The production plant, where Kernel currently operates through a tolling agreement, is located in Kirovohrad region of Ukraine and fits well into Kernel's existing origination and marketing platform.
Annexes
File Description

Nazwa arkusza:


KERNEL HOLDING S.A.
_fullname of the issuer_
KERNEL HOLDING S.A. Spożywczy _spo_
_short name of the issuer_ _sector according to clasification
of the WSE in Warsow_
L-1331 Luksemburg
_post code_ _city_
boulevard Grande-Duchesse Charlotte 65
_street_ _number_
_phone number_ _fax_
_e-mail_ _web site_
_NIP_ _REGON_

Nazwa arkusza:


SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2016-02-26 A.Usachova, Y.Kovalchuk Directors

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