Agrokultura updates on ownership developments

The Board has now received incomplete information but from a reliable source concerning the identity of Agrokultura's new key shareholder. It should either be a Russian company named Prodimex and/or the key still unidentified investor behind this company, having significant investments in land near to Agrokultura's Russian assets. No information has yet been obtained regarding possible financiers or other collaborations parties, if any, of this new investor. Nor has Agrokultura's Board yet succeded to establish contact with the new investor to hear more about the new investor's intentions and to obtain confirmation on the new investor's current ownership level.

The Board has also received unconfirmed oral information from a known shareholder representative that the stakes held by Schroders and Two Eye Fund Ltd, have now been sold off-market. These two acquisitions, if purchased by the new investor, would together with the confirmed disposal thus total some 26.8% based on the information available to Agrokultura.

Stockholm 24 July 2014

For additional information, please contact:
Investor Relations, tel. +46730430884

About Agrokultura AB (publ)

Agrokultura invests in farmland and produces agricultural commodities in Russia and Ukraine. The Group aims to generate an attractive return on invested capital by optimally utilizing its agricultural land bank through crop production, livestock and related operations. Shares in Agrokultura are listed in Sweden on the Nasdaq OMX First North exchange under the ticker AGRA and the Group’s Certified Adviser is Remium Nordic AB.