Kernel Releases Notification of Transactions by Insiders
OREANDA-NEWS. Kernel Holding S.A. hereby announces that the company received on 20 June 2014 notifications pursuant to Art. 160 of the Act of Trading in Financial Instruments, informing that a companies controlled by managers of the Kernel group of companies, acquired during the period of June 16-20 a total of 9,500 shares in Kernel Holding S.A. at an average price of 32.7 PLN per share.
Kernel is one of the largest agribusiness companies in Ukraine and an emerging player in Russia, with extensive operations across the entire supply chain.
Kernel operates in production, refining, bottling and marketing of bulk and bottled sunflower oil, both internationally and domestically, as well as in farming, origination, handling and international marketing of grain and oilseeds. As an agricultural products supply chain manager, we operate an extensive asset base with the largest silo network in Ukraine, oilseed crushing plants across the sunflower belts in both Ukraine and Russia, and deep-water export terminals on the Black Sea for food commodities. Our upstream operations include one of the largest landbanks in the world, located in the fertile and water-rich regions of Ukraine. Our business model is supported by leading positions in all our segments, an experienced team of professionals and prudent risk management.
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