Trigon Agri A/S announces partial disposal of the stake in Trigon Dairy Farming Estonia
The transaction completed involved selling 10.74% in AS Trigon Dairy Farming Estonia at a total price of EUR 1.5 million. This is EUR 0.6 million below the Q3 2015 book value of the disposed stake. Following the transaction Trigon Agri retains an ownership stake of 39.24% in AS Trigon Dairy Farming Estonia. The shares were acquired by Ingman Development Oy Ab. The proceeds will not at this stage be used to partially redeem the bonds in accordance with the terms and conditions of the bonds (as amended and restated on 26 February 2015), but will be deposited on a bank account pledged in favour of the bondholders in accordance with a waiver granted by the holders’ committee.
Mr. Joakim Helenius, CEO of Trigon Agri A/S, Tel: +372 66 79200, E-mail: firstname.lastname@example.org
About Trigon Agri
Trigon Agri is an integrated soft commodities production, storage and trading company with operations in Ukraine, Russia and Estonia. Trigon Agri’s shares are traded on the main market of NASDAQ OMX Stockholm.
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