Majority Shareholders of Kharkiv Biscuit Factory Initiate Squeeze-Out Procedure

The shareholders of the Kharkiv Biscuit Factory announced their intention to initiate a squeeze-out procedure for minority shareholders. A joint action agreement was signed on July 20, with the highest purchase price of shares over the past year being 300 UAH per share, reflecting a company capitalization of approximately 693.3 million UAH.