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Landkom placing to raise 9.75m



22 October 2009 @ 08:42 am BST

Ukrainian high-value oil seed rape and wheat producer Landkom International is raising 9.75m through the placing of 195 million new shares at 5p apiece.

The proceeds will be used for working capital needs, including supporting the group's crop and planting programmes throughout 2010, and enabling Landkom to exploit its strategic potential in the Ukrainian farm sector.

Story provided by Business Financial Newswire

© 2009 BFNNews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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