LONDON: MHP SE, the parent company of a leading international agro-industrial group with headquarters in Ukraine, announced that the Limassol District Court sanctioned the merger of Raftan Holding Limited, Hemiak Investments Limited and Eledem Investments Limited into MHP SE.
The scheme of merger will be affected by transferring the total assets and total liabilities of Raftan Holding Limited, Hemiak Investments Limited and Eledem Investments Limited to MHP SE.
Share capital of MHP SE as of 09.05.08 consisted of 110, 770,000 shares, with a nominal value of two Euro (€2.00) each. In May 2008 MHP SE completed an initial public offering (IPO).
Free float of MHP SE as of 16.05.09 amounted to 22.32% per cent of the Company’s issued ordinary share capital. The GDRs are listed on the LSE under the ticker MHPC. Each GDR represents one ordinary share.
In December, 2010, the Selling Shareholder (WTI Trading Limited), a limited liability company organised under the laws of Cyprus, is beneficially owned by Yuriy Kosiuk, the controlling beneficial shareholder and CEO of the Company, offered up to approximately 10% of the Company’s ordinary shares in the form of Global Depositary Receipts, including an overallotment option, with one GDR representing an interest in one share.
Following the transaction, the shareholding of the Selling Shareholder is reduced to 69.6 million ordinary shares in MHP SE, representing approximately 65% of the Company’s outstanding share capital, assuming that the over-allotment option is exercised in full.
Since February 2, 2015 MHP has listed on Ukrainian Stock exchange.
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