Agromino A/S (previously Trigon Agri A/S): Notice to warrant holders as part of the reverse share split at a consolidation ratio of 100:1

On Thursday, 20 April 2017, the Annual General Meeting (the “AGM”) was held in Agromino A/S (the “Company”). At the AGM, a share consolidation of all the Company’s shares was adopted through a reverse share split at a consolidation ratio of 100:1. The reverse share split will reduce the number of issued shares in the Company by the consolidation of 100 shares of a nominal value of EUR 0.01 each into one share of a nominal value of EUR 1.00.

As a consequence of the share consolidation of all the Company’s shares, an amendment to the terms of the warrants issued by the Company on 9 March 2017 will be completed to the effect that a warrant holder will be required to hold 100 warrants to subscribe for one (1) share of nominal value EUR 1.00 to reflect the 100:1 reverse share split.

As a consequence hereof, the exercise price of the warrants will be adjusted to the effect that the If a warrant holder exercises one or more warrants inside the 36th calendar month after the date of issuance, the exercise price per share of nominally EUR 1.00 shall be EUR 3.00. If a warrant holder exercises one or more warrants in connection with an Extraordinary Event (as defined in clause 3.2 of the Company’s Articles of Association), the exercise price per share of nominally EUR 1.00 shall be EUR 2.00 plus 11 per cent annual interest, calculated from the date of issuance, compounded and accrued annually. The interest shall be calculated per calendar day from the time of grant of the warrants and until the time at which the warrant holder exercises the warrants.

It is expected that the changes to the terms of the warrants will effected on or around 19 May 2017. Draft Articles of Association showing the changes to the warrant terms is enclosed to this press release.

Appendix 2.b – articles of association (post reverse share split) – DRAFT 290317

Yours sincerely

On behalf of the Board of Directors

Johannes Bertorp

 

Investor enquiries

Mr. Simon Boughton, CEO of Agromino A/S

Tel: +372 6191 500

About Agromino

Agromino is an integrated soft commodities production, storage and trading company with operations in Ukraine, Russia and Estonia. Agromino shares are traded on the main market of Nasdaq Stockholm.

This information is information that Agromino is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 18:50 CET on 20 April 2017.

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