5 December 2018, 11:26, Ukraine

Verevskiy increased shareholding in Kernel to 39.9% through Namsen Limited

Namsen Limited, a legal entity directly controlled by Andrey Verevskiy, Chairman of the Board of Directors of Kernel, acquired 29 November 2018 a total of 56,744 shares in Kernel, the WSE reports.

Namsen Limited acquired shares at an average price of PLN 56.74 (USD 14.01) per share.

According to the data on the Kernel's website, the shareholding of Namsen Limited equals 39.93%. As of December 4, Namsen Limited holds 32.72 million shares of the company.

Previously Kernel informed that the company was set to export 6.2 million tons of grain from Ukraine in FY2019 (July 2018 – September 2018).