HK RUOKATALO HAS SIGNED AN AGREEMENT TO
HK Ruokatalo Oyj STOCK EXCHANGE BULLETIN 6 May 2004, at 16.15pm
HK RUOKATALO HAS SIGNED AN AGREEMENT TO INCREASE ITS OWNERSHIP OF
SOKOLÓW IN POLAND
On 6 May 2004, HK Ruokatalo signed an agreement whereby it is to
acquire in two instalments Germany-based Conrad Jacobson GmbHs shares
in Sokolów S.A, Polands largest meat company. The deal involves 11
499 564 shares, which correspond to 11.48 per cent of Sokolóws
shares. The deal will take HK Ruokatalos holding in Sokolów from
21.12 per cent to 32.60 per cent.
The deal is subject to the approval of the Polish authorities, a
process that is expected to last 4-8 weeks.
HK Ruokatalo has been a shareholder in Sokolów since December 2002 and
is currently the companys largest shareholder.
Sokolów has made extremely encouraging progress and Polands recent
accession to the EU is expected to further strengthen Sokolows
potential.
HK Ruokatalo Oyj
Simo Palokangas
CEO
DISTRIBUTION:
Helsinki Exchanges
Main media
www.hk-ruokatalo.fi