18th Jul 2014 16:41
18 July2014
AVANGARDCO INVESTMENTS PUBLIC LIMITED
AVANGARDCO suspends production at Vyhlehirskyi feed mill after occupation
Кyiv, Ukraine - AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the "Company" or "AVANGARDCO IPL"), the largest producer of shell eggs and egg products in Ukraine and number one producer in Eurasia, informs that it has stopped production at Vyhlehirskyi feed mill, a part of the Company, located in Donetsk region, following its occupation by armed individuals overnight on July 18. The Company evacuated its employees from the territory of Vyhlehirskyi feed mill.
Vyhlehirskyi feed mill supplies feed stock to the poultry farms of AVANGARDCO IPL, which are located in the Donetsk, Luhansk and Kharkiv regions. The feed mill is one of the six feed plants which are owned by the Company and accounted for 11% of the Company's total production of feed stock in 2013.
The Company is currently working with the relevant authorities to resolve this situation and resume the production at Vyhlehirskyi feed mill.
The Company will continue to update the market with any further developments.
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For investor's inquiries:
Valeriya Myagkohod AVANGARDCO IPL Investor Relations Manager
phone.: +38 044 393 40 50 mob.: +38 067 223 46 88 e-mail: [email protected]
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