Business news from Ukraine

AGROVALLEY BUILDS UP 72% STAKE IN IMC

1 June , 2019  

Agrovalley Limited, controlled by the chairman of the board of directors of IMC agricultural holding, Oleksandr Petrov, on May 27, 2019 acquired 56,573 shares of IMC S.A. (Luxembourg), increasing the share in the agricultural holding by 0.17 percentage points, to 72.68%.
According to the IMC report on the website of the Warsaw Stock Exchange (WSE), the purchase price of one share was PLN 14.10 ($3.67 at the rate of the National Bank of Poland on May 28).
Agrovalley Limited after the transaction increased the total stake to 24.174 million shares.

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