KERNEL HOLDING S.A. - EUROPEAN UNION CUTS IMPORT DUTIES ON UKRAINIAN EXPORTS (9/2014)

15.04.2014 | aktual.: 15.04.2014 17:48

| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| | | | | UNI - EN REPORT No | 9 | / | 2014 | | | | |
| | Date of issue: | 2014-04-15 | | | | | | | | | |
| | Short name of the issuer | | | | | | | | | | |
| | KERNEL HOLDING S.A. | | | | | | | | | | |
| | Subject | | | | | | | | | | |
| | EUROPEAN UNION CUTS IMPORT DUTIES ON UKRAINIAN EXPORTS | | | | | | | | | | |
| | Official market - legal basis | | | | | | | | | | |
| | Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne | | | | | | | | | | |
| | Unofficial market - legal basis | | | | | | | | | | |
| | Contents of the report: | | | | | | | | | | |
| | On April 14, 2014, the European Council approved a proposal to remove import duties on Ukrainian exports to the EU for a certain group of goods. EU import duties on the following groups of goods exported by Kernel would be amended: ? Unrefined sunflower oil: import duty would be cut from 2.9% to 0%. ? Refined sunflower oil (bottled or sold in bulk): import duty would be cut from 6.1% to 0%. The proposed changes also stipulate that the EU will establish new zero-duty import quotas for grain originating from Ukraine. Specifically, in addition to the existing reduced-duty import quotas for wheat and barley originating from any country in the total annual amount of 2.7 million tons, a specific zero-duty quota for wheat and barley originating from Ukraine would be set in the amount of total 1.2 million tons (with a non-quota import duty of EUR 93-95/t). The regulation is expected to take effect on April 23, 2014 the day following its scheduled publication in the Official Journal of the European Union, and to
be last until a Deep and Comprehensive Free Trade Agreement between Ukraine and EU becomes effective on or before November 1, 2014. | | | | | | | | | | |
| | Annexes | | | | | | | | | | |
| | File | Description | | | | | | | | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

KERNEL HOLDING S.A.
(fullname of the issuer)
KERNEL HOLDING S.A.	Spożywczy (spo)
(short name of the issuer)	(sector according to clasification of the WSE in Warsow)
L-1331	Luksemburg
(post code)	(city)
rue de Bitbourg	19
(street)	(number)
(phone number)		(fax)
(e-mail)		(web site)
(NIP)		(REGON)

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

	SIGNATURE OF PERSONS REPRESENTING THE COMPANY
	Date	Name	Position / Function	Signature
	2014-04-15	A.Usachova, Y.Kovalchuk	Directors

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY