| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | UNI - EN REPORT No | 4 | / | 2016 | | | | | | Date of issue: | 2016-02-26 | | | | | | | | | | | Short name of the issuer | | | | | | | | | | KERNEL HOLDING S.A. | | | | Subject | | | | | | | | | | | | | KERNEL TO ACQUIRE OILSEED CRUSHING PLANT FOR USD 96 MILLION | | | | Official market - legal basis | | | | | | | | | Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
| | | | Unofficial market - legal basis | | | | | | | | Contents of the report: | | | | | | | | | | | Kernel announces it has entered, on 25 February 2016, into binding documentation to acquire the assets, through an assignment agreement with a Ukrainian bank, of an oilseed crushing plant for USD 95.8 million, payable in arrears over five years. Commissioned in 2012, the world-class facility has an installed crushing capacity of 560,000 tons of sunflower seed per year. The production plant, where Kernel currently operates through a tolling agreement, is located in Kirovohrad region of Ukraine and fits well into Kernel's existing origination and marketing platform. | | | | Annexes | | | | | | | | | | | | | File | Description | | |
