Capital/Financing Update • Jun 19, 2023
Capital/Financing Update
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Current report No 10/2023 16 June 2023
ASTARTA HOLDING PLC (the Company) informs that The European Bank for Reconstruction and Development (EBRD) is providing a USD 30 million financing package for the Company. The package includes a USD 9 million sustainability-linked loan funded by the Clean Technology Fund (CTF).
Purposes of this financing are (i) modernisation and energy efficiency improvements at existing production facilities, (ii) introduction of climate-smart agricultural practices to increase business resilience (decreasing production and energy costs while increasing productivity and operational efficiency), and (iii) securing sufficient working capital financing.
Legal basis: Article 17 (1) MAR - inside information
Date: Name: Title: Signature: 16-06-2023 Viktor Ivanchyk Proxy Viktor Ivanchyk
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