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The remaining unsettled compulsory acquisition sum has been deposited

Опубликовано: Серпень 13, 2021 в 1:48 pm

Автор:

Категории: Press Releases

To the former shareholders of Agromino:

  • With reference to the press release dated 30 June 2021 concerning Mabon investiční fond s proměnným základním kapitálem a.s.’ (“Mabon“) compulsory acquisition of shares in Agromino A/S, please be advised that a compulsory acquisition amount corresponding to the remaining unsettled compulsory acquisition price for the shares for which a transfer form has not been submitted has been placed in escrow at Nordea A/S without reservations in favor of the former minority shareholders holding such shares (the “Former Shareholders”). Consequently, Mabon has been registered in the shareholders’ register as the sole owner of all shares in Agromino A/S, cf. articles 70 and 72 of the Danish Companies Act.

All Former Shareholders are urged to exercise their right to claim the amount deposited for their respective shares by making an enquiry to the escrow agent, Poul Schmith, at Agromino@poulschmith.com

In the enquiry you are requested to include (i) information of the number of shares owned by you, (ii) relevant documentation of the ownership to the shares in question and (iii) valid ID documentation, to document your claim. Please also include payment details, including SWIFT code and IBAN number.

Please be advised that costs associated with the escrow, including (negative) interest, will be at the Former Shareholders’ account, cf. the Danish Depository Act.

Date: 13 August 2021

The Board of Directors of Agromino A/S

About Agromino
Agromino is an integrated soft commodities production, storage and trading company with operations in Ukraine and Russia.
For subscription to Company announcements please contact us: mail@agromino.com
If you do not want to receive Agromino press releases automatically in the future please send an e-mail to the following address: unsubscribe@agromino.com.
This information was submitted for publication at 14:30 CET on 13 August 2021.

Notice regarding compulsory acquisition of shares

Опубликовано: Червень 30, 2021 в 4:00 pm

Автор:

Категории: Press Releases

Вибачте цей текст доступний тільки в “Англійська”. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.

Danish version below / Dansk version nedenfor

Notice regarding compulsory acquisition of shares Agromino A/S

INTRODUCTION
Mabon investiční fond s proměnným základním kapitálem a.s. (“Mabon”) has obtained ownership of more than 90% of the shares and voting rights in Agromino A/S (“Agromino”).
On that background, Mabon has determined to exercise its right to acquire all shares held by Agromino’s other shareholders by way of a compulsory acquisition pursuant to Sections 70 and 72 of the Danish Companies Act.
Therefore, the other shareholders are hereby formally requested to transfer their shares in Agromino to Mabon within a period of four weeks after this request, i.e. 28 July 2021 at 23:59 (CEST) at the latest (the “Transfer Period”).

BACKGROUND
On 1 June 2021, a decision to increase the share capital from EUR 2,489,512.3 to not more than EUR 7,468,536.9 by way of a cash contribution of EUR 0.24 per nominally EUR 0.10 new share with pre-emptive rights for existing shareholders was adopted by Agromino’s board of directors.
In continuation of the registration of the capital increase adopted on 24 June 2021, Mabon obtained ownership of more than 90% of the shares and voting rights in Agromino and is thus entitled to perform a compulsory acquisition of the shares held by other shareholders in Agromino pursuant to Section 70 and 72 in the Danish Companies Act.

PRICE PER SHARE
The transfer of the shares to Mabon will be made at a price of EUR 0.56 per share, each share with a nominal value of EUR 0.10, and payment will be made in cash. Any fees and/or any other costs arising from the respective shareholders’ sale of their shares shall be borne by the selling shareholders and such fees and costs shall be of no concern to Mabon.
The price offered in this compulsory acquisition entails a premium of approximately 26.18 per cent based on the closing price on Nasdaq Stockholm on 30 October 2020, i.e. on the last day of trading of Agromino’s shares on Nasdaq Stockholm. The offered price is based on current and past financial performance of Agromino (net profit and EBITDA) and reflects, inter alia, the following risk factors which may have a substantial impact on the future / continuation of Agromino´s operations:
• uncertainty concerning the future of Ukrainian land market after 1st July 2021, i.e. after launch of the land reform which will lead to discrimination of the companies with foreign/non-Ukrainian owners;
• geopolitical tensions in the region combined with the fact that the biggest part of land used by Agromino is located in Eastern Ukraine, i.e. within close proximity of Russia.
If any shareholder disagrees with the compulsory acquisition price, such shareholder may request that a new compulsory acquisition price is determined by an expert appointed by the court at Agromino’s registered office pursuant to clause 70(2) of the Danish Companies Act. The expert determines the compulsory acquisition price pursuant to article 67(3) of the Danish Companies Act. The expert’s assessment may be brought before the court no later than three (3) months from receipt of the expert’s assessment.
If the expert’s valuation results in a compulsory acquisition price higher than the price set out in this compulsory acquisition notice by Mabon, such higher price will also be valid for the shareholders who have not requested the valuation. The expenses relating to the price determination must be paid by the shareholder who has requested such determination, however, where a valuation results in a compulsory acquisition price higher than the one offered by Mabon, the court may order Mabon to pay the expenses in part or in full.

ACCEPTANCE
Any shareholder who accepts to transfer its shares to Mabon, may accept the compulsory acquisition by completing the attached transfer form and forward the form to Agromino, c/o Advokatfirmaet Poul Schmith, Kalvebod Brygge 32, 1560 Copenhagen V or c/o Resilient a.s., Churnajevova 10, 143 000 Prague 12-Modřany, Czech Republic for receipt not later than 28 July 2021 at 23:59 (CEST) at the latest. For the purposes of this compulsory acquisition process Agromino agreed to perform the role of correspondence agent and any form duly delivered to any of the addresses specified above will be deemed to be delivered to Mabon.

Any shares transferred to Mabon must be free and clear from any charges, liens, encumbrances and any other third-party rights.
Please note that settlement of the transferred shares will be executed after the expiry of the Transfer Period, expectedly within 3 business days.
After expiry of the Transfer Period and the settlement, the shares will be registered in the register of shareholders of Agromino in the name of Mabon.

NON-ACCEPTANCE
In case not all of the shareholders have transferred their shares to Mabon within the Transfer Period, Mabon will deposit an amount in favour of the relevant shareholders equal to the compulsory acquisition price for the non-transferred shares as soon as possible in accordance with the Danish Escrow Account Act (in Danish: Deponeringsloven) and accordingly, the shares will be registered in the register of shareholders of Agromino in the name of Mabon.
After expiry of the Transfer Period, Mabon will publish a notice with the Danish Business Authority informing that the shareholders whose shares have been compulsorily acquired by Mabon may demand an expert valuation pursuant to section 67(3) of the Danish Companies Act within a three (3) months’ deadline from the time of the publication of such new notice. The right will be lost at the expiry of the three (3) months’ period.
Prague, 30 June 2021
Mabon investiční fond s proměnným základním kapitálem a.s.
In case of any discrepancy between the Danish and English text, the English text shall prevail.

STATEMENT FROM THE BOARD OF DIRECTORS
The board of directors of Agromino A/S has received and reviewed the terms of the compulsory acquisition of shares described in this notification. On this basis, the board of directors hereby provides its statement in accordance with Section 70(2) of the Danish Companies Act.
The board of directors notes that Mabon investiční fond s proměnným základním kapitálem a.s. (“Mabon”) has obtained an ownership of more than 90 pct. of the company’s share capital and the accompanying votes prior to its exercise of the right to compulsory acquisition of shares pursuant to Sections 70 and 72 of the Danish Companies Act.
The board of directors further notes that a capital increase with pre-emptive rights for all shareholders was adopted on 24 June 2021 at a price of EUR 0.24 per nominally EUR 0.10 new share and that only a limited number of existing shareholders duly exercised their pre-emptive rights. The price offered by Mabon to the minority shareholders in this compulsory acquisition includes a premium of approximately 26.18 pct. based on the closing price on Nasdaq Stockholm on 30 October 2020 and approximately 133 pct. in comparison to the price paid per new share in the recent capital increase.
To assess the terms offered by Mabon, the board of directors has formed an independent committee (with the two board members not being shareholders in Mabon). In the assessment of the terms, including the offered price, the independent committee has taken into account a number of factors that the committee deemed relevant, including, but not limited to, Agromino’s present position, expected future development and potential, and related possibilities and risks. Furthermore, in its assessment the independent committee has taken into account results of a valuation of Agromino obtained from an independent financial advisor, BDO Statsautoriseret Revisionsselskab.
On the basis of the above, both the independent committee and the other board member find that the terms offered, including the price per share which significantly exceeds the price determined by the financial advisor, are prudent and adequate.
Prague, 30 June 2021

The Board of Directors of Agromino

TRANSFER FORM

___________________________________________________________________

Meddelelse om tvangsindløsning af aktier Agromino A/S

INTRODUKTION
Mabon investiční fond s proměnným základním kapitálem a.s. (“Mabon”) har opnået et ejerskab på mere end 90% af aktierne og stemmerettighederne i Agromino A/S (”Agromino”):
På den baggrund har Mabon valgt at udnytte retten til at købe alle aktier i Agromino ejet af øvrige aktionærer ved en tvangsindløsning i overensstemmelse med selskabslovens §§ 70 og 72.
Hermed opfordres enhver aktionær derfor til at overdrage sine aktier i Agromino til Mabon senest inden fire uger fra denne meddelelse, den 28. juli 2021, kl. 23.59 (CEST) (”Overdragelsesperioden”).

BAGGRUND
Den 1. juni 2021 besluttede bestyrelsen i Agromino at forhøje selskabskapitalen fra EUR 2.489.512,3 til højest EUR 7.468.536,9 ved kontant indbetaling af EUR 0,24 pr. aktie á nominelt EUR 0,10 med fortegningsret for eksisterende aktionærer.
I forlængelse af registreringen af kapitalforhøjelsen vedtaget den 24. juni 2021, opnåede Mabon et ejerskab på mere end 90% af aktierne og stemmerettighederne i Agromino. Mabon er derfor berettiget til at gennemføre en tvangsindløsning af alle aktier ejet af øvrige aktionærer i Agromino i overensstemmelse med selskabslovens §§ 70 og 72.

PRIS PR. AKTIE
Overdragelsen af aktierne vil ske til en pris på EUR 0,56 pr. aktie á nominelt EUR 0,10 ved kontant betaling. Eventuelle gebyrer og/eller andre omkostninger afholdt i forbindelse med den pågældende aktionærs overdragelse af sine aktier, skal afholdes af den sælgende aktionær, og disse gebyrer samt omkostninger er Mabon uvedkommende.
Den tilbudte pris i relation til tvangsindløsningen indeholder en overkurs på ca. 26,18% baseret på slutkursen på Nasdaq Stockholm den 30. oktober 2020, som var den sidste dag, hvor Agromino’s aktier blev handlet på Nasdaq Stockholm. Den tilbudte pris er baseret på Agromino’s nuværende og tidligere finansielle performance (net profit og EBITDA) og afspejler blandt andet, at følgende risici kan have en væsentlig betydning for Agromino’s fremtidige / fortsatte virksomhed:
– uvished om det Ukrainske landbrugsmarked efter 1. juli 2021, hvor der offentliggøres en landereform, som medfører diskrimination af selskabet med udenlandske/ikke-Ukrainske ejere;
– geopolitiske spændinger i regionen kombineret med det faktum, at den største del af den jord, som Agromino benytter, er lokaliseret i det østlige Ukraine, og derfor i nærheden af Rusland.
Såfremt en aktionær ikke er enig i tvangsindløsningsprisen, kan aktionæren anmode om, at tvangsindløsningsprisen fastsættes af en skønsmand, der skal udpeges af retten på Agromino’s hjemsted i overensstemmelse med selskabslovens § 70, stk. 2. Skønsmanden vil fastsætte tvangsindløsningsprisen i overensstemmelse med selskabslovens § 67, stk. 3. Skønsmandens afgørelse kan indbringes for retten senest tre (3) måneder efter modtagelse af skønsmandens afgørelse.
Hvis skønsmandens vurdering resulterer i en pris, der er højere end prisen indeholdt i denne meddelelse om tvangsindløsning af aktier af Mabon, vil denne højere pris også gælde for de aktionærer, som ikke måtte have anmodet om vurderingen. Omkostningerne i forbindelse med vurderingen afholdes af den aktionærer, der har anmodet om vurderingen. Retten kan dog pålægge Mabon at betalte omkostningerne helt eller delvist, hvis vurderingen fører til en højere tvangsindløsningspris end tilbudt af Mabon.

ACCEPT
Enhver aktionær, der accepterer at overdrage sine aktier til Mabon, bedes udfylde den vedhæftede overdragelsesformular og fremsende til Agromino, c/o Advokatfirmaet Poul Schmith, Kalvebod Brygge 32, 1560 København V eller c/o Resilient a.s., Churnajevova 10, 143 000 Prag 12-Modřany, Tjekket, til modtagelse senest den 28. juni 2021 kl. 23.59 (CEST), idet Agromino har accepteret at agere bindeled i relation til al kommunikation. Enhver formular fremsendt til de ovenfor angivne adresser anses således for leveret til Mabon.

Enhver aktie som overdrages til Mabon skal være fri og ubehæftet fra enhver pantsætning, tilbageholdsret, hæftelse og øvrige tredjemandsrettigheder.
Bemærk at afvikling af de overdragne aktier vil gennemføres efter udløbet af Overdragelsesperioden, forventeligt inden for 3 hverdage.
Efter udløbet af Overdragelsesperioden samt afviklingen vil Mabon blive registreret som indehaver af aktierne i Agromino’s ejerbog.

MANGLENDE ACCEPT
Såfremt ikke alle aktionærer overdrager deres aktier til Mabon inden for Overdragelsesperioden, vil Mabon hurtigst muligt, i overensstemmelse med deponeringsloven, deponere et beløb svarende til tvangsindløsningsprisen til fordel for de relevante aktionærer, som ikke har overdraget sine aktier, hvorefter Mabon vil blive registreret som indehaver af aktierne i Agromino’s ejerbog.
Efter udløbet af Overdragelsesperioden vil Mabon offentliggøre en meddelelse i Erhvervsstyrelsens IT-system, hvori det angives, at de aktionærer, hvis aktier er blevet tvangsindløst af Mabon, har ret til at kræve vurdering fra en skønsmand i en tremåneders periode fra tidspunktet for offentliggørelsen af den nye meddelelse i overensstemmelse med selskabslovens § 67, stk. 3.
Prag, 30. juni 2021

Mabon investiční fond s proměnným základním kapitálem a.s.
Ved enhver uoverensstemmelse mellem den danske og engelske tekst, skal den engelske tekst anses for gældende.

UDTALELSE FRA BESTYRELSEN
Bestyrelsen i Agromino A/S har modtaget og gennemgået vilkårene for tvangsindløsningen af aktier beskrevet i denne meddelelse. På den baggrund afgiver bestyrelsen hermed sin udtalelse i overensstemmelse med selskabslovens § 70, stk. 2.
Bestyrelsen bemærker at Mabon investiční fond s proměnným základním kapitálem a.s. (“Mabon”) har opnået ejerskabet på mere end 90% af selskabets aktier og dertilhørende stemmerettigheder forud for udnyttelse af retten til at kræve tvangsindløsning i overensstemmelse med selskabslovens § 70 og 72.
Derudover bemærker bestyrelsen, at der den 24. juni 2021 blev vedtaget en kapitalforhøjelsen med fortegningsret for eksisterende aktionærer til en pris på EUR 0,24 for hver nye aktie á EUR 0,10, og at kun et begrænset antal eksisterende aktionærer udnyttede deres fortegningsret. Den af Mabon tilbudte pris til minoritetsaktionærerne indeholder en overkurs på ca. 26,18% baseret på slutkursen på Nasdaq Stockholm den 30. oktober 2020, og ca. 133% sammenlignet med prisen betalt for nye aktier ved den seneste kapitalforhøjelse.
Med henblik på at vurdere vilkårene tilbudt af Mabon, har bestyrelsen nedsat en uafhængig komite (bestående af to bestyrelsesmedlemmer, som ikke er aktionærer i Mabon). I vurderingen af vilkårene, deriblandt den tilbudte pris, har den uafhængige komite inkluderet flere faktorer, som komiteen har fundet relevant, herunder, men ikke begrænset til, Agromino’s nuværende position, forventede fremtidige udvikling og potentiale samt relaterede muligheder og risici. Derudover har den uafhængige komite inkluderet resultatet af en værdiansættelse af Agromino indhentet fra en uafhængig revisor, BDO Statsautoriseret Revisionsselskab.
På baggrund af ovenstående, finder både den uafhængige komite og de øvrige bestyrelsesmedlemmer, at de tilbudte vilkår, herunder prisen pr. aktier, der væsentligt overstiger prisen fastsat af den finansielle rådgiver, er forsvarlig.
Prag, 30. juni 2021

Bestyrelsen i Agromino

Overdragelsesformular

Notice regarding capital increase in Agromino A/S

Опубликовано: Червень 1, 2021 в 2:30 pm

Автор:

Категории: Press Releases

Notice regarding capital increase in Agromino A/S

On 1 June 2021 (the “Decision Date”) the Board of Directors of Agromino A/S adopted a decision to utilize its authorisation to increase the share capital of the company by issuance of a minimum of nominally EUR 2,489,512.30 and not more than nominally EUR 4,979,024.6 new shares divided into at least 24,895,123 shares and not more than 49,790,246 shares at a nominal value of EUR 0.1 per share.

1. TERMS FOR THE CAPITAL INCREASE
The terms for the capital increase are as follows:

1. Currently, the share capital is nominally EUR 2,489,512.3 divided into 24,895,123 shares of EUR 0.1. Upon completion of the subscription of new shares, the share capital will amount to at least EUR 4,979,024.6 and not more than EUR 7,468,536.9.

2. The increase will comprise at least 24,895,123 shares and not more than 49,790,246 shares at a nominal value of EUR 0.1.

3. The new shares are offered with pre-emption rights for the existing shareholders pro rata to their current shareholding at a ratio of 1:2, meaning that any one (1) existing share equals a right to sub-scribe for two (2) new shares.

4. In case of oversubscription or subscription of new shares in excess of a shareholder’s pre-emption right, the Board of Directors will decide the handling hereof at its discretion, including allotment of or refusal to subscribe for new shares. The Board of Directors will provide confirmation on the allotment of shares to the subscribers immediately after the expiry of the Subscription Period, if the conditions for completing the capital increase are fulfilled. The Board of Directors is entitled to refuse any and all offers to subscribe for new shares in case of oversubscription meaning that the decision to increase the share capital of the Company will cease to be effective. In the event that a capital increase is not implemented, the authorization shall remain unchanged, and the Board of Directors may utilize its authorisation to increase the share capital at any other time.

5. In case of undersubscription, the decision to increase the share capital of the company by issuance of new shares will cease to be effective and the Board of Directors may correspondingly utilize its authorisation at any other time.

6. The new shares are offered at a subscription rate of 240 equivalent to a price per share of EUR 0.24.

7. The subscription period runs from the Decision Date and until 14 days thereafter (i.e. subscriptions shall be received on 15 June 2021 at the latest).

8. The payment period runs from the expiry of the Subscription Period and until 8 days thereafter, (i.e. payment shall be received on 23 June 2021 at the latest).

2. SUBSCRIPTION OF SHARES
Shareholders of Agromino A/S who wish to exercise their pre-emption rights in full or in part, or, for the case that not all pre-emptive rights are exercised, otherwise wish to subscribe for any remaining shares, please forward a written confirmation with signature certified by way of a notary or by similar means to Agromino A/S, c/o Advokatfirmaet Poul Schmith Kalvebod Brygge 32, 1560 Copenhagen V, Denmark or c/o Resilient a.s., Churnajevova 10, 143 00 Prague 12-Modřany, Czech Republic for receipt no later than at the expiry of the Subscription Period (i.e. 15 June 2021 at the latest). The confirmation must contain (i) detailed contact information, including name, business registration no. (if relevant), address, phone and e-mail address, and (ii) the number of shares which the shareholder wants to subscribe for by exercise of pre-emption right and/or by subscription of any remaining shares at the subscription price of EUR 0,24 per share.
After expiry of the Subscription Period, the Board of Directors will immediately provide a notice to the subscribers who have offered to subscribe for shares. The notice will include the allotment of new shares and payment details and will be communicated to each shareholder by e-mail notice to the e-mail address specified in the confirmation.

Subscription of new shares will become binding upon receipt of the notice from the Board of Directors, however, subject to the shareholder paying for the new subscribed shares within the deadline. If payment is not received within the payment period, any subscription of new shares so not paid for will lapse, and such new shares will consequently not be issued.
The new shares shall be paid for according to the payment details provided in the notice within a period which runs from the expiry of the Subscription Period and until 8 days thereafter, i.e. 23 June 2021 at the latest. After expiry of the period for payment, the company will ensure registration of the share capital increase and the registration of the newly issued shares in the shareholder register. Rights attached to subscribed shares will arise on the date of share capital increase in the register of the Danish Business Authority.

Please note that any written confirmation regarding subscription of shares is deemed an offer to Agromino to subscribe for new shares and thus subject to Agromino’s acceptance of such offer. Accordingly, Agromino is entitled to refuse an offer to subscribe for new shares based on objective reasons.

Any questions may be raised to the Board of Directors of Agromino A/S.

Date: 1 June 2021

The Board of Directors of Agromino A/S
Petr Krogman
Chairman

Jan Urban
Vice-chairman

Jiri Vyskocil
Member

About Agromino
Agromino is an integrated soft commodities production, storage and trading company with operations in Ukraine and Russia.
For subscription to Company announcements please contact us: mail@agromino.com
If you do not want to receive Agromino press releases automatically in the future please send an e-mail to the following address: unsubscribe@agromino.com.
This information was submitted for publication at 14:30 CET on 1 June 2021.

(De)registration of shares – register transfer

Опубликовано: Січень 15, 2021 в 9:00 am

Автор:

Категории: Press Releases

With reference to the extraordinary general meeting of shareholders held on 21 December 2020 during which the shareholders approved amendments in the Articles of Association of Agromino A/S (the “Company”), namely, inter alia, a transfer of the register of shareholders from VP Securities A/S (“VP”) to the Company, the Company hereby announces that a corporate action regarding the transfer was initiated in cooperation with VP on 8 January 2021.

All nominee-registered shareholders are advised to request their nominee to register the shareholders’ entire shareholding of Company shares in the shareholders’ own name. Such registration in the register of shareholders, if performed, should be made in due time before end of business (CET) on Friday, 29 January 2021.

Shareholders that are not registered in the register of shareholders on Friday, 29 January 2021, may be requested by the Company to provide additional documentation of their title to shares when notifying of a transfer of shares or when intending to exercise their voting rights in the future.

Direct-registered shareholders (i.e. those who hold their shares on an account directly with Euroclear Sweden or VP in their own name) will automatically be included in the register of shareholders held by the Company.

It is expected that the transfer of the register of shareholders from VP to the Company will occur on or around 5 February 2021.

Investor enquiries

Mr. Petr Toman, CEO of Agromino A/S

Tel: +38 044 586 4445, e-mail:  mail@agromino.com

About Agromino

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.

For subscription to Agromino A/S announcements please contact us: mail@agromino.com

If you do not want to receive Agromino A/S press releases automatically in the future please send an e-mail to the following address: unsubscribe@agromino.com.

The information was submitted for publication, through the agency of the contact person set out above, at 9:00 CET on 15 January 2021.

 

AGROMINO A/S: NOTICE CONVENING AN EXTRAORDINARY GENERAL MEETING OF AGROMINO A/S

Опубликовано: Листопад 27, 2020 в 3:00 pm

Автор:

Категории: Press Releases

The board of directors (the “Board of Directors”) of Agromino A/S, CVR No. 29 80 18 43, (“Agromino” or “Company”) hereby gives notice of an extraordinary general meeting of Agromino to be held on

21 December 2020, at 13:00 pm (CET)

At the office of the law firm Poul Schmith at Vester Farimagsgade 23, 1606 Copenhagen V, Denmark with the following agenda: 

1 – Resolution to amend the articles of association

On 30 October 2020, Agromino’s shares were delisted from Nasdaq Stockholm without “downlisting” the shares to another trading platform. The Board of Directors propose that the general meeting amend the articles of association in order to reflect the requirements contained in the Danish Companies Act regarding non-listed private limited companies and as otherwise set out in the attached proposed updated articles of association.

Proposed updated articles of association are attached as Appendix 1.

Registration, admission, proxy and postal vote

Registration date

A shareholder’s right to participate in the general meeting and the number of votes, which the shareholder is entitled to cast, is determined in accordance with the number of shares held by such shareholder on 14 December 2020 (the registration date), see article 8.4 of the Company’s articles of association. The shares held by each shareholder are determined at the registration date on the basis of the shareholdings registered in the share register and in accordance with any notices on shareholding received, but not yet registered, by the Company in the share register.

Deadline for notice of attendance

A shareholder (or its proxy) wishing to attend the general meeting must give notice of his or her participation to the Company, see article 8.5 of the articles of association. Similarly, the shareholder’s advisor (or the shareholder’s proxy’s advisor) must give notice of his or her participation to the Company. 

A shareholder’s notice of attendance must be given to the Company using the notice of attendance form attached as Appendix 2, which shall be sent, duly completed and signed, to VP Securities, Weidekampsgade 14, 2300 Copenhagen S, Denmark or by e-mail to vpinvestor@vp.dk for receipt no later than Thursday, 17 December 2020, at 11:59pm (CET). The admission card for attendance will be made available on 21 December 2020 at the address where the General Meeting will take place (law firm Poul Schmith at Vester Farimagsgade 23, 1606 Copenhagen V, Denmark).

Representation by proxy

If you are prevented from attending the general meeting, you may appoint a proxy, e.g. the board of directors, to cast the votes carried by your shares.

If you wish to appoint a proxy, please return the instrument of proxy form attached as Appendix 3, duly signed and dated, to VP Securities A/S, Weidekampsgade 14, 2300 Copenhagen S, Denmark or by e-mail to vpinvestor@vp.dk for receipt no later than Thursday, 17 December 2020, at 11:59pm (CET). The admission card for the proxy’s attendance will be made available on 21 December 2020 at the address where the General Meeting will take place (law firm Poul Schmith at Vester Farimagsgade 23, 1606 Copenhagen V, Denmark).

Postal vote

You may also submit your votes by mail before the date of the meeting. If you wish to vote by mail, please fill in and return the postal vote form attached as Appendix 4, duly signed and dated, to VP Securities, Weidekampsgade 14, 2300 Copenhagen S, Denmark or by e-mail to vpinvestor@vp.dk for receipt no later than Friday 18 December 2020, at 4:59pm (CET).

Notice of attendance forms, instrument of proxy and postal vote forms may be downloaded from the Company’s website, www.agromino.com.

Information to shareholders who hold their shares through Euroclear Sweden through a nominee

The following information is to shareholders who hold their shares through Euroclear Sweden AB (“Euroclear Sweden“) through a nominee.

In order to attend the general meeting and exercise your voting rights, you must register your voting rights temporarily in the register of shareholders (the “Register of Shareholders“) and complete the notice of attendance form, the proxy form or the postal vote form in accordance with the instructions set out above.

Registration process for voting rights:

Direct-registered holders:

Shareholders who hold their shares on an account directly with Euroclear Sweden, a CSD-account (in Swedish: “Vp-konto“) will automatically be included in the Register of Shareholders and do not have to perform any registration regarding voting rights.

Nominee-registered holders:

To be registered and entitled to vote at the general meeting, shareholders who hold shares via a nominee must act in accordance with the instructions set out below:

Nominee-registered shareholders must request the nominee to register their shares temporarily in their own name in the Register of Shareholders.

The registration of voting rights must be completed in due time before end of business (CET) on 14 December 2020.

Share capital and voting rights

The Company’s share capital amounts to EUR 24,895,123 divided into shares of EUR 1.00, ref. article 3.1 of the Company’s articles of association. Pursuant to article 8.1, each share of EUR 1.00 carries one vote:

Number of shares:        24,895,123

Number of votes:          24,895,123

Agenda etc.

This notice, including the agenda and the full text of the proposed resolutions, the proposed updated articles of association (post EGM), the notice of attendance form, the instrument of proxy form and the postal vote form will be sent by email on 27 November 2020 to the registered shareholders who have registered their email addresses with Agromino A/S in accordance with article 16.3 of the articles of association.

The following information will be made available at the Company’s website, www.agromino.com as of 27 November 2020:

  • Notice convening the meeting;
  • The total number of shares and voting rights as at the date of the notice;
  • The documents to be submitted to the general meeting, including the proposed updated articles of association (post EGM);
  • The agenda and the full text of the proposals; and
  • The forms to be used for giving notice of attendance and for voting by proxy and by post.

MAJORITY REQUIREMENTS

The following requirements for adoption of the proposed resolutions must be fulfilled in order for the proposed resolutions to be considered adopted:

  • The proposed resolutions under item 1 can be adopted by at least 2/3 of the votes cast as well as at least 2/3 of the share capital represented at the general meeting.

Questions from the shareholders

Shareholders may prior to the general meeting in writing submit questions concerning the agenda and the documents to be considered at the extraordinary general meeting. Questions must be sent by email to mail@agromino.com, marked “EGM“.

Questions will be answered in writing or orally at the general meeting, unless prior to the meeting the answer is available via a questions/answers function on Agromino’s website, www.agromino.com.

Language

The general meeting will be conducted in English in accordance with article 9.4 of the Company’s articles of association.

Copenhagen, 27 November 2020

On behalf of the Board of Directors of Agromino A/S

Petr Krogman

Chairman

Investor enquiries:

Mr. Petr Krogman, Chairman of Board of Directors of Agromino A/S, E-mail: mail@agromino.com

About Agromino

Agromino is an integrated soft commodities production, storage and trading company with operations in Ukraine, Russia and Estonia.

For subscription to Company announcements please contact us: mail@agromino.com

If you do not want to receive Agromino press releases automatically in the future please send an e-mail to the following address: unsubscribe@agromino.com.

The information was submitted for publication, through the agency of the contact person set out above, at 15:00 CET on 27 November 2020.

 

Nasdaq Stockholm approves Agromino´s application for delisting of Agromino’s shares

Опубликовано: Жовтень 19, 2020 в 4:30 pm

Автор:

Категории: Press Releases

On 15 October 2020, Agromino A/S (the “Company”) announced that the board of directors of the Company has applied for delisting of Agromino’s shares, shortname AGRO, ISIN code DK0060823516, from Nasdaq Stockholm. On 19 October 2020, Nasdaq Stockholm has approved such application for delisting and has decided that the last day of trading of Agromino’s shares will be 30 October 2020.

The Board of Directors of Agromino A/S

Investor enquiries

Mr. Petr Toman, CEO of Agromino A/S, e-mail: mail@agromino.com

Tel: +38 044 586 4445

About Agromino

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.

For subscription to Agromino A/S’ announcements, please contact us: mail@agromino.com

If you do not want to receive Agromino A/S’ press releases automatically in the future, please send an e-mail to the following address: unsubscribe@agromino.com

The information was submitted for publication, through the agency of the contact person set out above, at 16:30 CET on 19.10.2020.

 

Agromino plans to apply for delisting of Agromino´s shares from Nasdaq Stockholm

Опубликовано: Липень 15, 2020 в 8:00 pm

Автор:

Категории: Press Releases

Agromino A/S (”Agromino” or the ”Company”) plans to apply for delisting of the Company’s shares, currently traded on Nasdaq Stockholm, without “downlisting” the shares to another trading platform. The formal application for delisting will, however, be submitted to Nasdaq Stockholm no earlier than three months after the market has been informed of the delisting plans through this press release.

Prior to the adoption of the decision on the delisting, the Company has requested a statement from the Swedish Securities Council.

In the statement (AMN 2020:27) which will be published at www.aktiemarknadsnamnden.se in due course, the Swedish Securities Council, in line with its precedents and on the basis of the facts stated in the request, concludes that a delisting of the Company´s shares will not, in the Council’s opinion, violate good practice on the Swedish stock market provided that the Danish company law requirements (i.e. approval of changes in the Company´s Articles of Association) are complied with. However, good practice on the Swedish stock market requires that Agromino applies for the delisting only after the market has been informed of the delisting plans, and the shareholders have had a reasonable time to sell their shares or otherwise act on the basis of the information. In the Council’s opinion, the application for delisting should therefore be submitted no earlier than three months after the market has been informed of the delisting plans.

When adopting the decision on the delisting of the Company’s shares, the Board of Directors considered overall market conditions and developments on the main market on which it operates (i.e. Ukraine), as well as applicable liquidity requirements as described in rule 2.13.1 in the Nasdaq Nordic Main Market Rulebook for Issuers of Shares. As the trading in the Company´s shares during the last 12 months has been sporadic and certain minimum liquidity requirements were not met (e.g. minimum number of qualified shareholders), long-term low supply and demand in the Company’s shares may have led to dysfunctional pricing of the shares. In the future such circumstances may eventually lead to an increased risk of a forced delisting of the Company´s shares by Nasdaq Stockholm.

Within the preceding communication with Nasdaq Stockholm, the stock exchange has communicated to the Company that in case of the continued listing of the Company’s shares, it is recommended that the Company takes measures in order to ensure increased liquidity. As the Company has already been using a liquidity provider since its listing and as during the last six months more than half of all trades in the Company’s shares were attributable to trading activity of such liquidity provider, this option to remedy the low level of liquidity is not reasonably available to the Company. Considering the situation in Ukraine (esp. the recently adopted land reform legislation discriminatory to foreigners), as well as the current size of the Company´s operations, another customary measure, i.e. issuance of new shares, is not deemed feasible by the Company. 

Aside from the considerations specified above the Board of Directors notes that Agromino´s costs of being listed on Nasdaq Stockholm are too high in relation to the size of the Company´s current operations.  As a result of unsatisfactory financial results and divestments until 2018, the size of the Agromino Group has significantly decreased resulting in the Company´s market capitalisation being 20x lower than in 2008 when the Company´s shares were listed on Nasdaq Stockholm. The operational model of the Company as a non-listed company may therefore be more suitable for facing significant challenges which lie ahead of the Company, such as adapting to the changes brought by the new Ukrainian land reform legislation.

Agromino announces by way of this press release its intention to apply for a delisting of the Company’s shares from Nasdaq Stockholm without “downlisting” the shares to another trading platform.

The Board of Directors intends to apply for a delisting of the Company’s shares no earlier than three months following the date of this press release. The delisting will be conditional upon an approval of amendment of the articles of association of the Company at an extraordinary general meeting. Notice of such extraordinary general meeting will be announced in due course ahead of the extraordinary meeting.

The ownership of the shares will not be affected by a delisting, and the shareholders will keep their shareholders´ rights under the Danish Companies Act and the Articles of Association.

Investor enquiries

Mr. Petr Toman, CEO of Agromino A/S, e-mail: mail@agromino.com

Tel: +38 044 586 4445

About Agromino

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.

For subscription to Agromino A/S’ announcements, please contact us: mail@agromino.com

If you do not want to receive Agromino A/S’ press releases automatically in the future, please send an e-mail to the following address: unsubscribe@agromino.com

This information is information that Agromino A/S 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 20:00 CEST on 15 July 2020.

UKRAINE ADOPTED NEW LAND LAW DISCRIMINATING COMPANIES WITH FOREIGN OWNERS

Опубликовано: Квітень 29, 2020 в 9:00 am

Автор:

Категории: Press Releases

Agromino (the “Company”) informs that yesterday the President of Ukraine signed new land law which will lead to discrimination of foreign investors in Ukrainian agriculture. The new land law shall come into force in July 2021.

Non-Ukrainian nationals and Ukrainian companies with non-Ukrainian owners (such as the Company) will be excluded from the future land market and will thus not be allowed to purchase agricultural land. The exclusion in respect of foreigners will remain in force until the citizens of Ukraine will vote in a national referendum in favour of further opening of the market for non-Ukrainian investors. At the moment it remains unknown when such referendum may take place. Based on public polls it is highly unlikely that the Ukrainian citizens will support further opening of the market.

Agromino currently operates a land bank of 55 thousand hectares of agricultural land located in Ukraine. Most of the land bank is operated based on long term lease agreements. In the long term, the new land law will highly likely lead to decrease of operated land bank and, in general, inferior position of the companies with foreign owners (such as the Company) in the competition with Ukrainian farmers.

Within the last few months Agromino, along with other international investors in Ukrainian agricultural sector, expressed its concerns over the impact of contemplated land law. Attempts to reflect interests of existing non-Ukrainian investors and to allow them to participate in the future land market were not successful.

Investor enquiries

Mr. Petr Toman, CEO of Agromino A/S

Tel: +38 044 586 4445, e-mail:  mail@agromino.com

About Agromino

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.

For subscription to Agromino A/S announcements please contact us: mail@agromino.com

If you do not want to receive Agromino A/S press releases automatically in the future please send an e-mail to the following address: unsubscribe@agromino.com.

The information was submitted for publication, through the agency of the contact person set out above, at 09:00 CEST on 29 April 2020.