KERNEL HOLDING S.A.: KERNEL TO ACQUIRE OILSEED CRUSHING PLANT FOR USD 96 MILLION

opublikowano: 2016-02-26 07:05

Spis treści:

1. REPORT

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

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

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)

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