29th Sep 2010 07:00
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:
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Financial Dynamics Ben Foster (London) Marc Cohen (London) Leonid Solovyev (Moscow)
For Investor Relations enquiries Anastasiya Sobotyuk (Kyiv)
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London: +44 20 7831 3113
Moscow: +7 495 795 06 23
Kyiv: +38 044 207 99 58
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Related Shares:
Mhp Reg S