The value of shares of Ukrainian agricultural holdings increased on the stock exchanges

The value of shares of Ukrainian agricultural holdings mainly increased on the stock exchanges.

Thus, in the period from April 24 to 30, the value of shares of Ukrainian agricultural holdings increased on the Warsaw and London stock exchanges,  Latifundist reports.

According to the company-seller of securities Eavex Capital, during the specified period, the market capitalization of agricultural companies changed as follows:

• MHP: grew by 0.6% — up to $380 million;

• “Kernel”: decreased by 0.8% — to $337 million;

• “Astarta-Kyiv”: grew by 5% to $183 million;

• “IMK”: grew by 3.7% to $133 million;

• “Ovostar Union”: grew by 1.5% to $60 million;

• “Agroton”: grew by 3.2% to $17 million;

• “Milkyland”: grew by 8.6% to $7 million.

It will be recalled that the owners of 22% of Kernel shares, 15 minority financial investors, did not support the delisting of the company from the Warsaw Stock Exchange. The board of directors of the agricultural holding unanimously supported the proposal of the largest owner and chairman of the board of directors, Andrii Verevskyi, to buy back shares and delist the company from the Warsaw Stock Exchange. But some shareholders who do not support him decided to join forces.

Earlier, Andrii Verevsky’s company Namsen Limited announced a tender for the purchase of 62% of the shares of the Kernel agricultural holding, which it does not yet own.