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04/25/2019 | Press release | Distributed by Public on 04/25/2019 07:04

MHP - Final settlement of deal for Perutnina Ptuj

MHP announce final settlement ofdeal for Perutnina Ptuj

Limassol, Cyprus/Ljubljana, Slovenia, 25 April 2019 - MHP SE (LSE: MHPC), a leading international agro-industrial group, has announced that it has reached a final settlement price of 22.34 EUR per share with SIJ to acquire Perutnina Ptuj, a leading poultry meat and a meat-processing company headquartered in Slovenia.

The acquisition was completed in February 2019 subject with final purchase price defined based on audited financial statements of 2018. MHP has now completed this process and has today confirmed a 90.69% stake in Perutnina Ptuj.

The Company is undertaking a full assessment of Perutnina Ptuj's production facilities and will reveal a full modernisation plan later this year during roadshow/meeting with stakeholders both in Slovenia and London together with top management of both companies.

ENDS

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