Kernel manager sells more than 13,000 shares for almost $234,000
A legal entity controlled by one of the managers of Kernel group of companies on July 4-6, 2017 sold 13,124 shares of Kernel Holding S.A. (Luxembourg).
According to a report by Kernel on the website of the Warsaw Stock Exchange (WSE), the average price of one share was PLN 66.11 ($17.8 per share at the rate of the National Bank of Poland on July 13).
According to the WSE, the price of Kernel shares after trading on July 13 increased by 0.6%, to PLN 65.51 per share.
Kernel is the world's largest producer and exporter of sunflower oil, the leading producer and supplier of agricultural products from the Black Sea region to the world markets. The vertically integrated structure of the company is built on closely interconnected business segments: production, exports and domestic sales of sunflower oil, plant growing, grain exports, providing services for grain storage and transfer at elevators and port terminals. Since 2007 the company's shares have been traded on the WSE.