| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 50 | / | 2008 | ||||||||
| Date of issue: | 2008-06-19 | ||||||||||
| Short name of the issuer | |||||||||||
| KERNEL HOLDING S.A. | |||||||||||
| Subject | |||||||||||
| PURCHASE OF AGRICULTURAL ENTERPRISE | |||||||||||
| Official market - legal basis | |||||||||||
| Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Contents of the report: | |||||||||||
| The Board of Directors of Kernel Holding S.A. would like to inform that on 18 June 2008 a Subsidiary of Kernel Holding S.A. signed an agreement with a Ukrainian enterprise to acquire a Ukrainian company leasing 1 940 hectares of land in the central part of Ukraine (with 10-15 years lease term). The value of the deal will come to USD 2 450 thousand. The price includes, among other assets, a book of lease contracts for prime farm land, the farming equipment and the working capital necessary for the farming enterprises to operate as a going concerning, such working capital being presently primarily in the form of crops due to be harvested over the summer and autumn 2008. | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| Current report no 50.pdf | PURCHASE OF AGRICULTURAL ENTERPRISE | ||||||||||
| KERNEL HOLDING S.A. | |||||||||||||
| (fullname of the issuer) | |||||||||||||
| KERNEL HOLDING S.A. | Spożywczy (spo) | ||||||||||||
| (short name of the issuer) | (sector according to clasification of the WSE in Warsow) | ||||||||||||
| L-1331 | Luksemburg | ||||||||||||
| (post code) | (city) | ||||||||||||
| boulevard Grande-Duchesse Charlotte 65 | 65 | ||||||||||||
| (street) | (number) | ||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2008-06-19 | P.Conrad, A.Usacheva | Directors | |||
