Preparations to main market transition started
05-03-2013
Due to the stable growth performance of the company and the prospect of further development, management of Agroliga Group decided to start the preparation for the transition to the main market of the Warsaw Stock Exchange.
"This would be a natural step for the company, which has been listed on the New Connect for two years, supports a policy of business openness and transparency. As well, we managed to gain the confidence of investors, despite the caution that they now show to Ukrainian issuers." - Said Alexander Berdnik, Chairman of the Board of Directors of Agroliga group.
The transition is scheduled for the end of 2012, the final approval of him?? will be put to an extraordinary shareholders meeting to be held after all preparations finished, at the end of the spring.
As a part of preparation process contracts were signed with the Progress Holding and C-Consulting, which will be acting as financial advisers from the Polish and the Ukrainian sides.
Currently, negotiations are underway with a number of brokerage houses and investment companies that are ready to host the transition process.
Note: according preliminary results year 2012 revenue of Agroliga group is euro 16,5 mln with net profit euro 3,2 mln (+82% to 2011). Stock quotes of Agroliga group shares were 86 zl at 04.03.13 with p/e rate 1,76.
Legal basis: § 3 subparagraph 1 of the Exhibit 3 to the Alternative Trading System Rules “Current and Periodical Information in the Alternative Trading System on the NewConnect Market"
"This would be a natural step for the company, which has been listed on the New Connect for two years, supports a policy of business openness and transparency. As well, we managed to gain the confidence of investors, despite the caution that they now show to Ukrainian issuers." - Said Alexander Berdnik, Chairman of the Board of Directors of Agroliga group.
The transition is scheduled for the end of 2012, the final approval of him?? will be put to an extraordinary shareholders meeting to be held after all preparations finished, at the end of the spring.
As a part of preparation process contracts were signed with the Progress Holding and C-Consulting, which will be acting as financial advisers from the Polish and the Ukrainian sides.
Currently, negotiations are underway with a number of brokerage houses and investment companies that are ready to host the transition process.
Note: according preliminary results year 2012 revenue of Agroliga group is euro 16,5 mln with net profit euro 3,2 mln (+82% to 2011). Stock quotes of Agroliga group shares were 86 zl at 04.03.13 with p/e rate 1,76.
Legal basis: § 3 subparagraph 1 of the Exhibit 3 to the Alternative Trading System Rules “Current and Periodical Information in the Alternative Trading System on the NewConnect Market"
