The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMhp Reg S Regulatory News (MHPC)

Share Price Information for Mhp Reg S (MHPC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.35
Bid: 3.26
Ask: 3.35
Change: 0.00 (0.00%)
Spread: 0.09 (2.761%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 3.35
MHPC Live PriceLast checked at -
  • This share is an international stock.

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

MHP Seeking to Acquire Perutnina Ptuj

26 Sep 2018 10:15

RNS Number : 9986B
MHP SE
26 September 2018
 

 

 

 

 

 

 

 

 

 

 

MHP Seeking to Acquire Perutnina Ptuj 

 

Kiev, Ukraine, 26th September 2018 - MHP SE (LSE: MHPC), one of the leading international agro-industrial groups, following the announcement from the Bundeswettbewerbsbehörde (Federal Competition Authority of Austria, https://www.bwb.gv.at/en/) confirms it is seeking to acquire Perutnina Ptuj, a well-established and vertically integrated company in Southeast Europe.

 

MHP is a vertically integrated company and a leading poultry producer in Ukraine with cutting facilities in the EU (the Netherlands and Slovakia) and a sales and distribution office in MENA (UAE). MHP sells around 60% of its poultry products domestically and around 40% to over 60 countries across the world. Being one the most efficient producers in the industry worldwide enables the Company to control the risks and quality of goods at every level of the production process. This ensures all the Company's standards and management of the processes are in line with Ukrainian legislation and current EU guidelines. A key part of MHP's success to date has been an intensive CAPEX programme (around US$1.75 billion invested during the last 10 years into green-field projects), a strong and experienced management team, and an integrated business model.

 

MHP is undertaking a strategic step with this expansion, which will add value to the Company and strengthen its position as a global player, while Perutnina Ptuj is obtaining a strategic long-term investor. Perutnina Ptuj has a strong brand and significant share of poultry value-added products, which MHP is ready to support over the coming years through investment and further development.

 

Together with a highly experienced management team, MHP commits itself to improve the quality of the Perutnina Ptuj's production base to meet the highest EU standards. This cooperation will bring direct benefits to local farmers and employees as well as have a positive impact on the poultry industry in the Balkan's region in general.

 

 

 

 Ends -

 

Notes to Editors

 

For more information please contact:

 

Courtney Hagen

Burson Cohn & Wolfe

courtney.hagen@bm.com

+44 (0) 7342 066943

 

Anastasia Sobotyuk

MHP - Director of IR and International Communications

a.sobotyuk@mhp.com.ua

 

About MHP

 

MHP is the leading producer of poultry products in Ukraine with the greatest market share and highest brand recognition for its products. MHP owns and operates each of the key stages of chicken production processes, from feed grains and fodder production to egg hatching and grow out to processing, marketing, distribution and sales (including through MHP's franchise outlets). Vertical integration reduces MHP's dependence on suppliers and its exposure to increases in raw material prices. In addition to cost efficiency, vertical integration also allows MHP to maintain strict biosecurity and to control the quality of its inputs and the resulting quality and consistency of its products through to the point of sale.

 

To support its sales, MHP maintains a distribution network consisting of 11 distribution and logistical centres, within major Ukrainian cities. MHP uses its trucks for the distribution of its products, which Management believes reduces overall transportation costs and delivery times. MHP also has a leading grain cultivation business growing corn to support the vertical integration of its chicken production and increasingly other grains, such as wheat and rape, for sale to third parties. MHP leases agricultural land located primarily in the highly fertile black soil regions of Ukraine.

 

Since May 15, 2008, MHP has traded on the London Stock Exchange under the ticker symbol MHPC.

 

 

 

+44 07342 066943

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
ACQKQLBLVKFFBBL
Date   Source Headline
10th Jan 20133:40 pmRNSPrice Monitoring Extension
27th Dec 20127:00 amRNSShares Exchange
23rd Nov 20123:12 pmRNSDirector's Dealing
15th Nov 20127:00 amRNSQ3 and 9M 2012 Financial Results
5th Nov 20127:08 amRNSDate Notification Q3 and 9M 2012 Results
2nd Nov 20123:45 pmRNSSecond Price Monitoring Extn
2nd Nov 20123:40 pmRNSPrice Monitoring Extension
16th Oct 20127:00 amRNSPre-close trading update for Q3 and 9M 2012
3rd Oct 20127:00 amRNSTransaction in own shares
19th Sep 20123:40 pmRNSPrice Monitoring Extension
29th Aug 20127:00 amRNSQ2 and H1 2012 Financial Results
20th Aug 20127:00 amRNSQ2 and H1 2012 Disclosure - Date Notification
31st Jul 20128:32 amRNSDirector's Dealing: Data Correction
26th Jul 201210:22 amRNSDirector's Dealings
17th Jul 20127:02 amRNSPre closing trading update Q2 and H1 2012
3rd Jul 20127:00 amRNSTransaction in own shares
12th Jun 20127:00 amRNSTransaction in own shares
17th May 20127:00 amRNS1st Quarter Results
8th May 20127:00 amRNSDate Notification
3rd May 20127:12 amRNSResults of AGM
17th Apr 20127:00 amRNSPre-closing TU Q1 2012
26th Mar 20121:26 pmRNSNotice AGM
20th Mar 20127:00 amRNSFinancial Results for Q4 and FY 2011
13th Mar 201212:13 pmRNSFY 2011 Results - Date Notification
31st Jan 20127:00 amRNSPre-close trading update for Q4 and FY 2011
17th Nov 20117:00 amRNSQ3 and 9M 2011 Financial Results
10th Nov 20117:00 amRNSDate Notification
20th Oct 20117:04 amRNSResults of EGM
17th Oct 20117:00 amRNSPreclose trading update Q3 and 9 months 2011
22nd Sep 20113:45 pmRNSSecond Price Monitoring Extn
22nd Sep 20113:40 pmRNSPrice Monitoring Extension
20th Sep 20118:18 amRNSNotice EGM
18th Aug 20117:00 amRNSQ2 and H1 2011 Financial Results
8th Aug 20117:00 amRNSDate Notification
18th Jul 20117:00 amRNSPre-close trading update for Q2/H1 2011
25th May 20119:00 amRNSSpring sowing campaign is complete
12th May 20117:00 amRNS1st Quarter Results
4th May 20119:44 amRNSQ1 2011 Date Notification
28th Apr 20117:00 amRNSAGM Statement
18th Apr 20115:02 pmRNSWTI Trading Limited Announces Amendments to its Lo
18th Apr 20117:00 amRNSQ1 2011 Trading Update
28th Mar 20117:00 amRNSAnnual Financial Report
18th Mar 20117:00 amRNSAnnual Results Date Notification
1st Feb 20117:00 amRNSPre-close trading update for Q4 and FY2010
5th Jan 20117:00 amRNSPartial Execution of the Over-allotment Option by
8th Dec 201010:59 amRNSCompletion of the Equity Offering
7th Dec 20104:15 pmRNSEquity Offering by Controlling Shareholder
16th Nov 20107:00 amRNS3rd Quarter and 9M Results
15th Nov 201010:26 amRNSLand bank increase
25th Oct 20107:46 amRNSLand bank increase

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.