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Aleksandr Petrov increased his stake in IMC to 68.78%
20 February 2018, 10:06
A legal entity Agrovalley Limited, controlled by Aleksandr Petrov, Chairman of the Board of IMC, purchased on 16 February 2018 a total of 129 802 shares in IMC S.A. at a fixed price of 13.15 PLN per share.
Thus following the transaction he increased the total shareholding of Agrovalley Limited to 22 820 617 shares. Such shareholding is equivalent to 68.78% of total shares outstanding.
Reference: the number of registered shares of IMC — 33.178 million.
Prior it was reported that IMC's and its subsidiaries' consolidated revenue for the year ended 31 December 2017 is preliminary estimated at the level of USD 126.8 mln.
