29% share of the industrial shell egg market in Ukraine

29% share
of the industrial shell egg market in Ukraine

AVANGARDCO AND UKRLANDFARMING AGREE UAH4.4 BLN DEBT RESTRUCTURING WITH OSCHADBANK

Кyiv, Ukraine – AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the “Company” or “AVANGARDCO IPL”), the largest producer of shell eggs and dry egg products in Ukraine and Europe, today announces that AVANGARDCO IPL and UkrLandFarming PLC have agreed to restructure the UAH 4.4 billion of debt with Oschadbank, Ukraine’s State Savings Bank. The debt restructuring agreement was signed on 4 February 2019 following negotiations over the past year.