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Reg S Issue

8 Oct 2010 18:00

RNS Number : 1390U
AvangardCo Investments Public Ltd
08 October 2010
 



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8 October 2010

For Immediate Release

 

 

AVANGARDCO INVESTMENTS PUBLIC LIMITED APPOINTED J.P. MORGAN AND TROIKA DIALOG TO LEAD MANAGE

ITS DEBUT US$ REG S ISSUE

 

 

KYIV, UKRAINE - AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the "Company" or "Avangard"), the leading producer of shell eggs and egg products in Ukraine, rated "B" by Fitch, today announces that it has appointed J.P.Morgan and Troika Dialog to lead manage its debut US$ Reg S issue. The investor road-show will commence on October 11. FSA/ICMA stabilisation

 

For further information please contact:

 

FD London

Ben Foster

Marc Cohen

 

+44 20 7831 3113

 

FD Moscow

Leonid Solovyev

 

 

+7 495 795 06 23

 

 

For investor relations enquiries:

 

Victoria Korolchuk

Avangard

Head of Investor Relations

 

phone.: +38 044 593 28 60

mob.: +38 067 214 84 23

e-mail: v.korolchuk@avangard.co.ua

 

Notes to Editors

 

Information of Avangard

The Company is a holding company for a group (the "Group") that is one of the leading agro-industrial companies in Ukraine, focusing on the production of shell eggs and egg products. Avangard is the number one producer of shell eggs and dry egg products in Ukraine with a market share of approximately 23% (including 39% of industrially produced shell eggs) and 52% respectively in 2009. As of 30 June 2010, Avangard's flock consisted of approximately 18.6 million. birds. Avangard's production facilities are located across 14 regions in Ukraine and also in the Autonomous Republic of Crimea. In 2009 Avangard exported its shell eggs and egg products to 16 countries mainly in the Middle East and Asia. In June-July 2010, Avangard's net profit increased by 86% to US $61.9 million, while its revenue grew by 68% to US $165.9 million. For the first six months of 2010, the Company's total shell eggs output increased by 29% to 1,910 million eggs. Avangard plans to further increase its total egg production to 6.8 billion and the share of export up to 30%.

# # #

 

NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA

This document is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions, any states of the United States and the District of Columbia). This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in Australia, Canada, Japan or the United States or in any jurisdiction to whom, or in which such offer or solicitation is unlawful. The Notes issued by Avangardco Investments Public Limited (the Issuer), may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act 1933, as amended (the Securities Act)) absent registration from or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Notes have not been, nor will be, registered under the Securities Act. There will be no public offer of the Notes in the United States. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The offer and sale of the securities referred to herein has not been and will not be registered under the applicable securities laws of Australia, Canada or Japan.

This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as relevant persons). The Notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such notes will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

This document is not an advertisement of securities in Ukraine, and is not an offer or invitation to, or solicitation of, any such circulation, distribution, placement, sale, purchase or other transfer of the Notes in the territory of Ukraine. It is not intended to be and must not be publicly distributed in or into Ukraine.

This document does not constitute investment advice or a recommendation under Cyprus law, nor does it constitute an offer or advertisement of securities in Cyprus, it is not intended to be and must not be distributed to the information distribution channels or the public in Cyprus, nor (when distributed by a duly licensed investment firm established or operating through a branch in Cyprus) to any person in Cyprus other than a "professional client" as defined in the Law on Investment Services and Activities and Regulated Markets (Law No. 144 (I) 2007).

The material and publicity statements may not be used for invitation or solicitation purposes for or in connection with the sale, marketing, offering or acquisition of the Notes in circumstances under which is unlawful under Cyprus laws to make such an offer or solicitation.

This document is not a prospectus for the purposes of EU Directive 2003/71/EC (the "Directive") and/or Part VI of the Financial Services and Markets Act 2000 and investors should not subscribe for any Notes except on the basis of the final prospectus. A final form prospectus will be prepared and made available to the public in accordance with the Directive.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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