KSG AGRO S.A.: The spring sowing campaign update.

opublikowano: 2022-04-25 09:58

Spis treści:

1. RAPORT BIEŻĄCY

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr

2022

Data sporządzenia:

2022-04-25

Skrócona nazwa emitenta

KSG AGRO S.A.

Temat

The spring sowing campaign update.

Podstawa prawna

Treść raportu:

The spring sowing campaign update

	MESSAGE (ENGLISH VERSION)
	The Board of KSG Agro S.A. headquartered in Luxembourg (“the Issuer”) hereby informs that 2022 sowing campaign for the sunflower and corn is about to be launched, all of the key materials (diesel, fertilizers, crop protection materials) are in place for 100% of the campaign. Taskombank had supplied another UAH 60 mln (equivalent of USD 2 mln) to support the Group For the winter crops, planted in the autumn of 2021, all the required fertilizers had been applied, as well as crop protection materials, the plants are in a very good shape. Circa 8,500 hectares of sunflower and corn shall be sown using the full spectrum of technologies usually applied by the Group. The trigger for launch of the sowing campaign shall be the proper temperature required for those types of crops. The Issuer is optimistically looking into the future: military actions have moved further away, with the Ukrainian military heroically fighting the aggression. Meanwhile, prices for all major crops continue to increase.