15 August 2022, Monday, 17:48 86

Quotations Of MHP Shares Fall After 4-Week Growth, Down 10.1% To USD 4.00 Per Share August 8-12

Редактор: Tetiana Herasimova

In the period of August 8-12, the quotations of shares of Kyiv-based MHP, one of the largest poultry meat producers, at the London Stock Exchange decreased by 10.1% or USD 0.45 to USD 4.00 per share, falling after a four-week increase.

That follows from the company's data posted on the stock exchange's official website, Ukrainian News Agency reports.

According to the data, on August 8, the shares were quoted at USD 4.45 per share, they decreased to USD 3.90 per share on August 9, and there was no trading on August 10.

On August 11, the MHP share quotations increased to USD 4.39 per share, but on August 12, they fell to USD 4.00 per share.

The transactions were being conducted during the week.

Since the start of the year, the company's shares' quotations have fallen by 40.5% (compared to the level of quotations on January 4 - USD 6.72 per share).

As Ukrainian News Agency earlier reported, in the period of August 1-5, the quotations of shares of MHP at the London Stock Exchange increased by 8.6% or USD 0.34 to USD 4.30 per share, growing for four weeks in a row.

In the period of January 4 - December 30, 2021, the quotations of shares of MHP at the London Stock Exchange increased by 14.1% or USD 0.84 to USD 6.78 per share.

On February 2, 2021, Kyiv-based Mironivsky Hliboproduct, one of the largest poultry meat producers, officially changed its legal name to MHP.

The MHP public joint-stock company is a vertically integrated complex of enterprises to produce chicken, hatching eggs, feed, is engaged in crop production, cultivating 360,000 hectares of land, and producing chicken meat under the name Nasha Riaba.

At the end of August 2021, the MHP decided to abandon the use of the Nasha Riaba logo and in early September sold 20 digital copies of the Nasha Riaba logo for UAH 160,000.

However, on September 16, the MHP company announced that it had decided not to abandon the use of the Nasha Riaba logo.

Yurii Kosiuk is the founder of the company.