Business news from Ukraine

NAMSEN LIMITED BUILDS UP 39.97% STAKE IN UKRAINIAN KERNEL

10 October , 2019  

Namsen Limited, a legal entity under control of Board Chairman of Kernel agricultural holding Andriy Verevsky, from October 3 through October 7, 2019 acquired 36,898 shares in Kernel Holding S.A. (Luxembourg) at average PLN 42.74 per share ($10.85 under the current exchange rate).
According to a company report on the website of the Warsaw Stock Exchange (WSE), the company increased its stake in Kernel from 39.93% to 39.97%, and the total number of shares held by Namsen increased to 32.7454 million.
Kernel is the world’s largest producer and exporter of sunflower oil, the leading manufacturer and supplier of agricultural products from the Black Sea region to the world markets.

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