On December 4-5, CEO of Astarta Agro Holding Viktor Ivanchyk bought 0.033% of the company’s shares on the Warsaw Stock Exchange (WSE) for a total of PLN238.37 thousand (about $59.27 thousand at the current exchange rate).
According to information on the Warsaw Stock Exchange’s website, the previous time it acquired 0.113% of the shares on June 22-26 at a price of PLN28.8-PLN29.0 per share.
This time, Albacon Ventures Ltd, owned by Ivanczyk, bought 8.32 thousand shares at PLN28.65 per share in 94 transactions on December 4-5.
At the last shareholders’ meeting on May 24 this year, Ivanczyk’s 40% stake gave him 52.93% of the votes.
The latest report as of November this year indicated that the Ivanchyk family owns 40.11%, Fairfax Financial Holdings – 29.91%, Kopernik Global Investors – 2.64%, Heptagon Capital – 1.88%, and the share of any other shareholder does not exceed 0.18%.
According to the WSE, Astarta’s share price is currently PLN28.4, which is 1.22% lower than at the opening.
“Astarta is a vertically integrated agro-industrial holding company operating in eight regions of Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220,000 hectares and dairy farms with 22,000 cattle, an oil extraction plant in Globyno (Poltava region), seven elevators and a biogas complex.
“Astarta, the largest sugar producer in Ukraine, reduced its net profit by 9.8% to EUR55.97 million in the first nine months of this year, while revenue increased by 14.8% to EUR392.00 million.
