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Agroliga carries stock split
Monday, 06 January 2014

Since January 3, nominal share price of Group Agroliga became 0.02 euros instead of 0.10 euros. Such split 1 to 5 will increase the liquidity of the company, which this year going to move to the main market of the Warsaw Stock Exchange.

 

Polish National Securities Depository decided that from January 3 307 560 shares with a par value of 0.10 Agroliga euro will be divided into 1,537,800 par value of 0.02 euros. At that time one share Agroliga worth 129.65 PLN (PLN 25.93 after split) .

 

At the general meeting of shareholders held on August 8, 2013, management of the Group recommended to Agroliga’s shareholders division of the shares, and shareholders agreed to it.

 

"We decided to split the shares, believing that this will be one of the factors that will contribute to improving the liquidity of our shares. Lower nominal will increase the turnover, especially among retail investors, " - said Alexander Berdnyk, Chairman of the Board of Directors Agroliga Group.