UPDATE ON CONDITIONAL CHANGES IN SHAREHOLDINGS
In order to comply with EU Market Abuse Regulation article 17 regarding disclosure of inside information, Agromino A/S (the “Company”) hereby announces receipt of the following notification from the major shareholder:
Mabon investiční fond s proměnným základním kapitálem a.s., Czech Reg. No. 28904681, registered in the Commercial Register maintained by the Municipal Court in Prague, section B, insert file No. 15302 (”Mabon“), as a Company’s largest shareholder, had received approval from competition law authorities to increase its shareholding in the Company.
As a result, Mabon will proceed with completion of the conditional transactions which shall lead to acquisition of additional 3,151,063 shares in the Company (the “Shares”) for a total consideration of SEK 53,568,071 corresponding to a price of SEK 17.00 per share. Upon completion of the transactions Mabon will take possession of the Shares and increase its shareholding in the Company to 7,501,050 shares, corresponding to 43.05 % of the total shares and votes in the Company. Completion of the transactions is expected to occur within the next week and the transactions will, when completed, result in Mabon passing the threshold for a mandatory offer obligation.
Mabon is controlled by Mr. Petr Krogman who is the Chairman of the Company‘s Board of Directors.
With regard to the announced transfer, Company´s Board of Directors has within itself appointed an independent committee, consisting of Jan Urban and Jiří Vyskočil, to represent the Company in connection with a potential mandatory bid and make a statement regarding such offer when it is launched.
Mr. Petr Toman, CEO of Agromino A/S Tel: +38 044 586 4445,
We are farmers and agribusiness managers, with operations in Ukraine, Russia and Estonia. Agromino A/S shares are traded on the main market of Nasdaq Stockholm.
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This information is information that Agromino A/S is obliged to make public pursuant to the EU Market Abuse Regulation, article 17. The information was submitted for publication, through the agency of the contact person set out above, at 17:30 CET on 21.11.2018.