It is stated in a message of the company on the Warsaw Stock Exchange.

As noted, the average price of the stock was PLN29.01 ($7.67). The total amount of the transaction amounted to about PLN120,000 ($32,000).

The board of directors of Astarta Holding N.V. appointed a Polish investment bank Pekao Investment Banking S.A. as a buyout agent within the framework of the approved buyback program.

The ransom program is approved for the purpose of fulfilling the obligations of attracted financing, which involves the conversion of debt into equity capital, as well as for the implementation of the program of encouragement of management.

Founded in 1993, «Astarta–Kyiv» is a vertically integrated agro-industrial holding specializing in sugar and agricultural production. It has proven to be a growing, transparent company, as well as a reliable partner and supplier. Agricultural business focuses primarily on the cultivation of sugar beet, grains and oilseeds, the production of sugar and related products (molasses and granulated beet pulp). ASTARTA also has 8 sugar refineries, capacities for soybean processing (soybean processing plant) and biogas production (bio-energy project).