IMC

WSE-listed Ukrainian agricultural producer IMC published its operating update, reporting its corn harvest being 70% complete as of Feb. 1, with the current corn yield at 10.7 t/ha (+0.9% y-o-y). The company earlier harvested 122 kt of wheat (flat y-o-y), at an average yield of 6.7 t/ha (+18% y-o-y and all-time high), and 64 kt of sunflower seed (-30%), at 3.4 t/ha on average (-3.4%). IMC planted 33,000 ha with winter wheat for the 2023 harvest (+80% y-o-y) and plans to have its entire land bank planted in the spring (120,000 ha).

WSE-listed Ukrainian agricultural producer IMC reported that its CEO, Alex Lissitsa, received 995,340 new shares in IMC S.A. at a fixed price of EUR 0.01 per share under a management incentive plan. Following the transaction, as of Nov. 30, 2022, Mr. Lissitsa owned 1,971,900 or 5.55% shares in IMC.