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16,000 hectares land bank expansion

Agroton Public Limited, diversified vertically integrated agricultural producer in Eastern Ukraine, has applied for registration of additional 16,000 hectares of farmland in Luhansk region of Ukraine. The Company harvests 134,075 hectares of the land and previously has reported pending acquisition of land lease rights for additional 6,000 hectares of land in Kharkiv and about 10,000 hectares of land in Luhansk

In addition to the designated sponsoring, equinet AG will produce monthly reports, which give a survey of GDR price development in comparison to a peer-group and the whole stick market.

It is expected that permanent involvement of the Designated Sponsor and manual quotation will improve the quality of the order book and help to avoid excessive volatility in GDRs trading.