Ekosem-Agrar AG: Resolutions of the noteholders' meetings are executed – changes to the bond conditions thus effective
EQS-News: Ekosem-Agrar AG
/ Key word(s): Bond
Ekosem-Agrar: Resolutions of the noteholders' meetings are executed – changes to the bond conditions thus effective Walldorf, 1 December 2022 - Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva group, announces that the resolutions of the two noteholders' meetings held on 30 and 31 May 2022 have been implemented. The central securities depositary has confirmed that the terms and conditions of the ESA bonds 2019/2029 (ISIN: DE000A2YNR08) and 2012/2027 (ISIN: DE000A1R0RZ5) have been amended in accordance with the resolutions passed. Based on our experience, the conversion of the information on the stock exchange and bank pages will take a few days. The amendments to the bond terms and conditions had been approved by the bondholders with a large majority.
Ekosem-Agrar AG, Walldorf, is the German holding company of the EkoNiva Group, one of Russia’s largest agricultural companies. With a herd of more than 220,000 cattle (including over 110,000 dairy cows) and a milk output of more than 3,300 tons of raw milk per day, the company is the country's largest milk producer. The group controls an agricultural area of approximately 630,000 hectares and is also one of Russia's leading seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in Russian agriculture since the late 1980s and has played a key role in its modernization over the past three decades. In 2009, he was awarded the Federal Cross of Merit for his services to the German-Russian agricultural dialogue. The group of companies has around 13,000 employees in nine administrative regions in Russia. Ekosem-Agrar generated operating revenue of EUR 565 million and adjusted EBITDA of EUR 167 million in fiscal 2019.
Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3585 919 // E: irina.makey@ekosem-agrar.de Press / Investor Relations Fabian Kirchmann, Jonas Schneider // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekosem-agrar.de
01.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Ekosem-Agrar AG |
Johann-Jakob-Astor-Str. 49 | |
69190 Walldorf | |
Germany | |
Phone: | +49 (0)6227 358 59 33 |
Fax: | +49 (0)6227 358 59 18 |
E-mail: | info@ekosem-agrar.de |
Internet: | www.ekosem-agrar.de |
ISIN: | DE000A1MLSJ1, DE000A1R0RZ5 |
WKN: | A1MLSJ, A1R0RZ |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1502989 |
End of News | EQS News Service |
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1502989 01.12.2022 CET/CEST