| | KOMISJA NADZORU FINANSOWEGO | |
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| | Raport bieżący nr | 2 | / | 2011 | |
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| | Data sporzÄ…dzenia: | 2011-01-12 | | | | | | | | | |
| | Skrócona nazwa emitenta | | | | | | | | | |
| | MILKILAND N.V. | |
| | Temat | | | | | | | | | | |
| | Notification concerning the acquisition of additional shares in the Ostankino dairy plant | |
| | Podstawa prawna | | | | | | | | |
| | Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
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| | Treść raportu: | | | | | | | | | |
| | The Board of Directors of Milkiland N.V. (the "Company") hereby informs that on December 15, 2010, the Company entered into the Amendment agreement to purchase and sale agreement (the “Amendment Agreement") with Catapel Ltd (Republic of Cyprus) the “Seller"). According the original sale agreement, the Seller agreed to sale to the Company 484,109 shares of OJSC “Ostankino dairy plant" (“Ostankino") in Moscow region (c. 17.8% of its share capital) in three tranches, for the total purchase price of RUB 295.1 million (approx. EUR 7.6 million). Two of these tranches were successfully completed on 17 May 2010 and 29 October 2010 as described in the prospectus published on 15 November 2010 (the “Prospectus").
Pursuant to the Amendment Agreement the date of the third tranche of the sale of 217,850 Ostankino shares was changed from 31 March 2011 to 17 December 2010 and a discount was applied to the respective payment paid to the Seller on this date.
As a result of this transaction the third tranche was completed, the total purchase price of the Ostankino shares was reduced by RUB 5.7 million to RUB 289.4 million (approx. EUR 7.45 million).
On 11 January 2011 the Board of Directors of the Company received the notification from the OTP Bank (Moscow) (the “Depositary") of transfer of the above mentioned Ostankino shares to the Company.
After the transaction the Company owns 2,553,312 shares of Ostankino diary plant and increased its stake in Ostankino to 93.78 per cent. Subject to the explanation stated in the Prospectus (pp. 23, 24) the Company can currently exercise the voting rights at the general shareholders meeting with its 30 per cent stake.
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