MODERN PRODUCTION FACILITIES

MODERN PRODUCTION FACILITIES

AVANGARDCO INVESTMENTS PUBLIC LIMITED Clarification re VAB Bank

KYIV, UKRAINE – AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the “Company” or “Avangardco”), the leading producer of shell eggs and egg products in Ukraine, notes that it keeps no deposits at VAB Bank (the “Bank”) and has no loans from the Bank.

The Company continues to adhere to the previously announced strategy, including among others, implementation of the best international practices in corporate governance and reduction in related party transactions. The Company’s financial statements audited by KPMG will serve as evidence to that.

For further information please contact:

Victoria Korolchuk
Avangardco IPL
Head of Investor Relations
phone: +38 044 593 28 60
mob: +38 067 214 84 23
e-mail: v.korolchuk@avangardco.ua

Financial Dynamics London
Marc Cohen
phone: +44 20 7831 3113

Financial Dynamics Moscow
Oleg Leonov
phone: +7 495 795 06 23

Key Facts

VERTICAL INTEGRATION OF BUSINESS

Last Updates