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UkrLandFarming expects to attract US $250 mn from sales of shares

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The largest agricultural holding in Ukraine UkrLandFarming by the size of the land bank expects to attract over US $250 mn from the sales of 4-6% of its shares.

«We plan to attract over US $250 mn. Everything depends on the market assessment. We announced marketing and plan to close it in ten days,» Chairman of the Board of Directors and owner of the company Oleh Bakhmatyuk told journalists. The agricultural holding conducts negotiations with major international funds, he said.

Bakhmatuk, however, noted that he does not plan to actively increase the land bank until the end of 2014.

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