Investment in the Company by Fairfax Financial Holdings Limited
ASTARTA Holding N.V. (the Company) informs that the Company has received information that on 4th January 2017 Fairfax Financial Holdings Limited and its affiliates ('Fairfax') acquired major shareholding in the Company pursuant to the Share Purchase Agreement of which the Company informed on 25 August 2016 in current report No 18/2016.
Fairfax is a holding company listed on the Toronto Stock Exchange, which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. Fairfax acquired in total 2,497,500 shares in the Company, representing 9.99% of the total voting rights of the Company, from the Company's major shareholders, including 450,000 shares from Albacon Ventures Limited and 2,047,500 shares from Aluxes Holding Limited. The purchase price was 60 PLN per share.
Legal grounds: article 17 paragraph 1 of the EU Regulation No 596/2014 of The European Parliament And Of the Council of 16 April 2014 on market abuse (market abuse regulation)
SIGNATURES OF INDIVIDUALS AUTHORIZED TO REPRESENT THE COMPANY:
Date: Name: Title: Signature:
05-01-2017 Viktor Ivanchyk Proxy Viktor Ivanchyk
Astarta Holding NV published this content on 05 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 January 2017 07:17:06 UTC.
Original documenthttp://www.astartakiev.com/en/for_investors/current-report-for-wse_1343905905/current-report-no-12017.htm
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Astarta Holding PLC is a Cyprus-based agriculture company, that specializes in sugar production, grain and oilseeds growing, soybean processing and cattle farming. The farmlands, sugar plants and cattle operations are mainly located in Ukraine. The Company's activities are divided into four main segments: Sugar Production, Agriculture, Soybean Processing, and Cattle Farming. Its Sugar Production segment is engaged in the production and wholesale of white and raw sugar and its by-products. The Agriculture segment is responsible for the cultivation and sale of crops, such as corn, wheat, sunseeds, rapeseeds, and others. The Soybean Processing segment is engaged in soybean and soybean meal and oil production and sale. The Cattle Farming Segment is engaged in dairy cattle raising and milk production and sale. Other Group operations mainly comprise the production and sales of fodder and gas.