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Pin to quick picksMhp Reg S Regulatory News (MHPC)

Share Price Information for Mhp Reg S (MHPC)

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8.80    0.50 (6.02%)
Bid:
8.80
Ask:
9.00
Spread: 0.20 (2.273%)
Market Cap: $941.94m
MHPC Live PriceLast checked at - London Stock Exchange

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Share buy-back

29 Sep 2010 07:00

RNS Number : 4884T
MHP S.A.
29 September 2010
 



 

September 29, 2010, Kyiv, Ukraine

MHP S.A.

Transaction In Own Shares

 

Further to its announcements on 17 June 2010, MHP S.A. ("MHP" or the "Company", LSE ticker: "MHPC"), one of the leading agro-industrial companies in Ukraine, focusing on the production of poultry and the cultivation of grain, announces that the total number of Global Depository Receipts ("GDR") purchased by the Company through the share buy-back programme referred to in the announcement of 19 May 2010 has reached 3,370,144 GDRs with one GDR representing an interest in one ordinary share ("Share"). The total number of repurchased GDRs constitutes approximately 3% of the Company's issued and outstanding shares at total average repurchasing price of US$13.71 per GDR.

 

MHP intends to use some of the purchased under the Buy Back Share Program GDRs for a compensation and incentive program and non-used GDRs will be held in treasury until their resale within the next three years.

 

 

 

For further information please contact:

 

 

Financial Dynamics

Ben Foster (London)

Marc Cohen (London)

Leonid Solovyev (Moscow)

 

For Investor Relations enquiries

Anastasiya Sobotyuk (Kyiv)

 

 

London: +44 20 7831 3113

 

Moscow: +7 495 795 06 23

 

Kyiv: +38 044 207 99 58

a.sobotyuk@mhp.com.ua

 

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