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Clarification re VAB Bank

14th Oct 2011 15:11

RNS Number : 2358Q
AvangardCo Investments Public Ltd
14 October 2011
 



October 14, 2011

 

 

 

AVANGARDCO INVESTMENTS PUBLIC LIMITED

 

KYIV, UKRAINE - AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the "Company" or "Avangardco"), the leading producer of shell eggs and egg products in Ukraine, notes that it keeps no deposits at VAB Bank (the "Bank") and has no loans from the Bank.

 

The Company continues to adhere to the previously announced strategy, including among others, implementation of the best international practices in corporate governance and reduction in related party transactions. The Company's financial statements audited by KPMG will serve as evidence to that.

- End -

 

For further information please contact:

 

Victoria Korolchuk

AVANGARDCO IPL

Head of Investor Relations

phone: +38 044 593 28 60

mob: +38 067 214 84 23

e-mail: [email protected]

 

 

FTI Consulting London

Marc Cohen / Edward Bridges

 

phone: +44 20 7831 3113

FTI Consulting Moscow

Oleg Leonov

 

phone: +7 495 795 06 23

 

 

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