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
25th Oct 20107:46 amRNSLand bank increase
22nd Oct 20101:00 pmRNSTemporary Suspension of Export to Russia
22nd Oct 20101:00 pmRNSTemporary Suspension of Export to Russia
18th Oct 20107:01 amRNSPre-close trading update Q3 and 9M 2010
29th Sep 20107:00 amRNSShare buy-back
22nd Sep 20107:00 amRNSInvestor and Analyst Day
19th Aug 20107:09 amRNSHalf Yearly Report
12th Aug 201012:07 pmRNSInterim Results Date Change
15th Jul 201012:00 pmRNSAgreement with EBRD
15th Jul 20107:00 amRNSQ2/H1 2010 Pre-close TU
14th Jul 201011:03 amRNSAward of bonus
1st Jul 20107:10 amRNSAcquisition of grain growing facilities
1st Jul 20107:03 amRNSTransaction in own shares
30th Jun 20103:45 pmRNSSecond Price Monitoring Extn
30th Jun 20103:40 pmRNSPrice Monitoring Extension
17th Jun 20108:11 amRNSTransaction In Own Shares
17th Jun 20107:00 amRNSAgreement Signed with IFC
4th Jun 20109:19 amRNSResult of EGM
21st May 201011:31 amRNSNotice EGM Date Change
20th May 201012:36 pmRNSCommencement Vinnytsya Poultry FarmConstruction
20th May 20107:00 amRNSQ1 Results
19th May 20107:00 amRNSBuy Back Share Program
14th May 20102:38 pmRNSQ1 Date Notification
12th May 20107:24 amRNSFinal Results of Offer
30th Apr 20107:00 amRNSTrading Update
29th Apr 201011:45 amRNSResult of AGM
28th Apr 201012:08 pmRNSNew VAT law does not impact on MHP
26th Apr 201010:56 amRNSPublication of Prospectus
23rd Apr 20109:00 amRNSPricing Announcement
22nd Apr 20109:00 amRNSExchange Offer Participation Results
19th Apr 20109:18 amRNSTerms Announcement
12th Apr 20104:18 pmRNSExchange Offer
7th Apr 20107:00 amRNSAcquisition of Grain Growing Facilities
31st Mar 201012:20 pmRNSPublication Annual Report and Financial Statements
31st Mar 20107:00 amRNSFull Year Results 2009
22nd Mar 201012:56 pmRNSDate Notification
1st Feb 20107:00 amRNSTrading Statement
19th Nov 20097:00 amRNSQ3 Results
3rd Nov 200910:19 amRNSNotice of Results
14th Oct 20097:00 amRNSPre Close Trading Update
5th Oct 200910:55 amRNSResult of EGM
17th Sep 20098:00 amRNSAnalyst site visit
14th Sep 20091:07 pmRNSDirector's Dealings
14th Sep 20097:00 amRNSNew sun flower production plant
9th Sep 20093:45 pmRNSSecond Price Monitoring Extn
9th Sep 20093:40 pmRNSPrice Monitoring Extension
9th Sep 20091:11 pmRNSShare buy-back programme
26th Aug 20097:00 amRNSInterim Results
7th Aug 200910:28 amRNSDate notification - Interim Results
15th Jul 20097:00 amRNSPre-Close Trading update

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.