Bahmatyuk will sell 15-20% of “Ukrlandfarming”, which operates on 450-500 thousands hectares of land. Companies’ shares will be sold to a limited
number of companies “private placement”. Bahmatyuk stated that private placement is an initial step prior to public placement. Due to highly
unfavorable conditions on the stock markets, major shareholder of the company stated that total of 30-35% of the shares will be placed after private
placement is complete.

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