Further information regarding the new major shareholder of Agrokultura
The Board of Agrokultura has now established contact by mail with the new major shareholder of the company. The communication so far has confirmed previous information and added new information. In addition or correction to previous releases from July 14th and July 21st 2014, Agrokultura has received information that the buyer is Steenord Ltd and is incorporated in the British Virgin Islands, and that it holds approximately 27.5% of the shares of Agrokultura.
The Board now intends to immediately establish direct communication with the new major shareholder in order to get a view of his agenda, among other things regarding nominations committee issues, and to explain the announced actions and plans taken by the board. Further information will be published whenever relevant regarding the direct communication.
Stockholm 31 July 2014
For additional information, please contact:
Investor Relations, tel. +44 203 427 3983
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.