Kyiv,
Ukraine – 2 February
2015 – Ukrproduct Group Limited (“Ukrproduct” or the “Group”) (AIM: UKR),
one of the leading Ukrainian producers and distributors of branded dairy foods
and beverages, today announces that the Company’s shares have been admitted to
trading on the Ukrainian stock market with the effect from the date of this
notice. No new ordinary shares have been issued and accordingly the total
number of shares in issue remains unchanged.
As previously announced ordinary shares of the Company
of 10 pence each have been approved for admission to trading on the Ukrainian
Stock Market pursuant to the resolution of the National Commission on
Securities and Stock Market of Ukraine dated January 14th, 2014. However due to a number of delays which were
outside of the Company’s control and were caused by the necessity to finalize
the formalities between the regulators the launch of trading has become
possible as of February 2015.
Ukrproduct Group Ltd is the first Ukrainian Company listed
outside of Ukraine to be admitted to trading on the Ukrainian Stock Market.
Sergey Evlanchik, CEO of Ukrproduct Group commented: “We
are pleased to have completed the cross-listing of the Company’s shares on the
Ukrainian Stock Exchange alongside AIM LSE. We expect that the listing on the Ukrainian
Stock Exchange will allow better access to the local investors and will
contribute to improving the liquidity of our shares.”
For further information, please visit www.ukrproduct.com or contact:
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Ukrproduct Group Ltd.
Sergey Evlanchik
Chief Executive Officer
Tel: +380
44 232 9602
[email protected]
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Cantor Fitzgerald Europe
Nominated Adviser and Broker
Stewart Dickson / Jeremy Stephenson
Tel: +44 (0) 20 7894 7000
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Ukrproduct Group Ltd is one of the leading Ukrainian producers and
distributors of branded dairy products and kvass, a traditional fermented
beverage. The Group’s product portfolio includes processed and hard cheese,
packaged butter, skimmed milk powder (SMP) and kvass. Ukrproduct has built a
range of recognisable product brands (“Our Dairyman”, “People’s Product”,
“Creamy Valley”, “Molendam”, “Farmer’s”) that are well known and highly
regarded by consumers. The
Group reported total assets of approximately GBP 21.1 million as at June 30,
2014 and consolidated revenues of approximately GBP 17.2 million for the six
months ended June 30, 2014. Ukrproduct’s securities are traded under the symbol
“UKR” on AIM, a market operated by the London Stock Exchange.
