Verevsky bought the entire Kernel stake from the minority shareholders

The Danish Lind Value, which was one of the largest minority shareholders of the Kernel agricultural holding with a stake of more than 5%, accepted the offer of Andrey Verevsky, chairman of the board of directors of Kernel, to Namsen Limited and sold its entire stake. According to the stock exchange announcement of the agricultural holding, the share of Lind Value fell from 5.02% to zero shares, reports Interfax-Ukraine.

2

► Read the “Ministry of Finance” page on Facebook: главные финансовые новости

Details

Lind Value was part of a group of minority shareholders with a total stake of 21.7%, who on April 12 entered into a shareholder agreement to jointly protect their rights after Verevsky’s announced intention to delist “Kernel” and buy all the shares. At that time, it was stated that Lind Value with 6.29% of the shares was the largest participant in this agreement, however, on May 2, it was terminated.

The minority group also included Kopernik Global Investors LLC with 4.79% of shares, OFE PZU — 2.03%, Uniqua OFE — 1.95%, OFE NN — 1.83%, FRAM FIZ — 1.4%, Aegon OFE — 1.15%. PKO BP OFE — 1.03%.

Background

Earlier, the Ministry of Finance wrote that the company Namsen Limited, owned by the chairman of the board of directors of one of the largest Ukrainian agricultural holdings Kernel, Andrey Verevsky (owns 41.29% of the voting shares), will buy back 36% of the agricultural holding’s shares from minority shareholders.

Read: Kernel withdraws from the Warsaw Stock Exchange: why Verevsky wants to make the company private

Conference “Invest Talk Summit” Find out how to make money on investments in 2023-2024! Details on the site. Promo code for a 10% discount: minfin10.

🕵️ We created a small survey to learn more about our readers.

💛💙 Your answers will help us become the best, pay more attention to topics that are interesting to you. 🤗 We will be grateful if you find a minute to answer our questions.

Source: Ministry of Finance

Views: 19