| POLISH FINANCIAL SUPERVISION AUTHORITY | |
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| | | UNI - EN REPORT No | 11 | / | 2013 |
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| Date of issue: | 2013-04-30 | | | | | | | | |
| Short name of the issuer | | | | | | | |
| KERNEL HOLDING S.A. | |
| Subject | | | | | | | | | | |
| ACQUISITION AND DIVESTMENT OF FARMING ENTERPRISES | |
| Official market - legal basis | | | | | | |
| Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
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| Unofficial market - legal basis | | | | | |
| Contents of the report: | | | | | | | | |
| Kernel Holding S.A. informs that on 26 April 2013 a subsidiary of Kernel Holding S.A. entered into an agreement to purchase a farming enterprise with 1,500 ha of leasehold land in the Khmelnytsk region of western Ukraine, near the company`s existing large-scale operations, for a total consideration of USD 1.0 million. On 29 April 2013, a subsidiary of Kernel Holding S.A. entered into agreement to sell the most remotely located farming enterprise with 6,000 ha of leasehold land in the Zaporizhia region in southeastern Ukraine for a total consideration of USD 4.4 million. Both transactions are the result of management`s previously announced strategy to enlarge existing clusters and divest remotely located parcels of land.
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| Annexes | | | | | | | | | | |
| File | Description | |