17th Jun 2010 08:11
June 17, 2010, Kyiv, Ukraine
MHP S.A.
Transaction In Own Shares
Further to the announcement on 19 May 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 is has purchased 1,120,844 Global Depository Receipts ("GDR") with one GDR representing an interest in one Ordinary Share ("Share") at an average price per GDR of US $12.93, through the share buy-back programme referred to in the announcement of 19 May 2010.The number of repurchased GDR constitutes approximately 1% of the Company's issued and outstanding shares.
MHP intends to use some of the GDR purchased under the share buy back program for a compensation and incentive program. 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