The General Meeting of Shareholders of PUBLIC JOINT STOCK COMPANY "ICHNIANSKY MILK AND CONSERVED CEREAL PLANT" held on April 30, 2018, resolved to give prior approval for significant transactions:
To secure the fulfillment by the Company and/or Proviant LLC (EDRPOU code 32729070) of existing and/or future (amended) credit obligations to the Bank, to give consent to the transfer to the Bank of the pledge and/or subsequent pledge mortgage and/or subsequent mortgage of all movable (including, but not limited to, property rights to accounts receivable, intellectual property, goods in circulation/processing, etc.) and real estate that is and/or will be owned by the Company at the time of such transfer, with a collateral value not less than the book value of such property, which may be made by the Company within no more than one year from the date of such resolution.
The total market value of real estate that may be mortgaged to the Bank (formalized both in one and several agreements) to secure the obligations of the Company and/or Proviant LLC (EDRPOU code 32729070) both in total and under each separate agreement, the obligation under which is secured shall not exceed UAH 400,000,000.00 (four hundred million) or the equivalent of this amount in another currency calculated at the official exchange rate of the National Bank of Ukraine as of the date of conclusion of the relevant agreement/s.
The total market value of movable property that may be pledged to the Bank (formalized by one or several agreements) to secure the obligations of the Company and/or Proviant LLC (EDRPOU code 32729070) both in total and under each individual agreement, the obligation under which is secured shall not exceed UAH 500,000,000.00 (five hundred million) or the equivalent of this amount in another currency calculated at the official exchange rate of the National Bank of Ukraine as of the date of conclusion of the relevant agreement/s. |
