18 May 2018, 09:39, Ukraine

TFI PZU decreased its holdings in Kernel by 4.6%

TFI PZU SA, acting for and on behalf of investment funds under management, decreased its holdings in Kernel by 4.64% having disposed 342,708 shares of Kernel Holding S.A. on the Warsaw Stock Exchange.

As of May 16th, 2018, TFI PZU Funds held 3,806,043 shares, representing 4.6448% of the share capital and entitling it to 3,806,043 votes at the Company's general shareholders' meeting, equal to 4.6448% of the total number of votes.

Before the disposal, TFI PZU Funds held 4,148,751 shares, representing 5.0631% of the share capital of Kernel.

TFI PZU SA with its registered office in Warsaw, Poland, acts for and on behalf of investment funds under management:

  • PZU Fundusz Inwestycyjny Otwarty Parasolowy,
  • PZU Specjalistyczny Fundusz Inwestycyjny Otwarty Globalnych Inwestycji,
  • PZU Specjalistyczny Fundusz Inwestycyjny Otwarty Universum,
  • PZU Impuls Specjalistyczny Fundusz Inwestycyjny Otwarty.

Reference: Kernel disposed of 34 thou. hectares of farmland in Ukraine, which were suboptimal for company’s operations.