3 Jul 2017 07:21
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PRESS RELEASE
July 03, 2017, Kyiv, Ukraine
MHPÂ S.A.
Results of AGM
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MHP S.A. (LSE: MHPC) (''MHP'' or ''The Company'') today announces that at its Annual General Meeting of shareholders ("Meeting"), held at 5, rue Guillaume Kroll, Luxembourg, L-1882, R.C.S. Luxembourg B 116.838 on Friday, June 30, 2017 all resolutions were adopted.
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The agenda of the Meeting was as follows:
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1. Approval of the holding of the annual general meeting of the shareholders of the Company on the present date notwithstanding the date provided for in the Company's articles of association.
2. Presentation of the management report of the board of directors and of the independent auditor.
3. Presentation and approval of the MHP S.A. Consolidated Financial Statements for the financial years ended 31 December 2015 and 31 December 2016 and report of the réviseur d'entreprises (including stand alone financial statements as of 31 December 2016).
4. Allocation of the results.
5. Ratification of the allocation of a part of the non-distributable reserve for own shares to the share premium in relation with the Company's shares bought back by the Company.
6. Discharge to be granted to the independent auditor for the financial year ending 31 December 2016.
7. Discharge to be granted to the key management personnel for the financial year ending 31 December 2016.
8. Ratification of the non-executive directors' remuneration for the financial year 2016.
9. Renewal of the mandate of the independent auditor until the following general meeting called to approve the annual accounts of the Company as of 31 December 2017.
10. Ratification of Mr. Charles Adriaenssen resignation from a position of the Chairman of the Board of Directors of MHP S.A.. as of July 18, 2016.
11. Ratification of Dr. John Clifford Rich appointment as a permanent Chairman of the Board of Directors of MHP S.A.
12. Renewal of the mandates of Mr. John Grant for the period of two years.
13. Ratification of the interim dividends paid for the financial year 2016.
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For further information please contact:
 MHP Anastasia Sobotyuk (Kyiv)  |  Kyiv: +380 44 207 99 58 a.sobotyuk@mhp.com.ua  |
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Notes to Editors:
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About MHP
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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 partnership 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, sunflower and soybeans to support the vertical integration of its chicken production and increasingly other grains, such as wheat and rapeseeds, for sale to third parties. MHP leases around 370,000 ha of agricultural land located primarily in the highly fertile black soil regions of Ukraine.
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Since May 15, 2008, MHP has traded on the London Stock Exchange under the ticker symbol
MHPC.
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