HZPC: Breeding the next generation potatoes
Certificates Seed Potato Company HZPC rise again with the maximum 10 percent
The value of the certificate of HZPC Holding B.V.
(“HZPC”), the world leader in potato breeding and seed potato trade, is determined on
€ 150.60 at the biannual stock trading day.
This stock trading day 5,447 certificates were
traded, this is only 0.7% of the total number of 783,725 available certificates.
Gerard
Backx, CEO of HZPC :
“The supply of certificates is small. The supply has more often been small, but this stock trading day it happens in combination with the highest demand ever.”
“Because of that, the rise is again the maximum of 10%. At the present performance of the company, the HZPC certificate remains an excellent investment alternative; the associated growers and employees prefer to hold their position in our company. “
Gerard Backx, CEO of HZPC
The value of the HZPC certificate rose again with the maximum 10 percent. Since May 2010 the value has risen thirteen times with the maximum 10 percent – and once with more than 9 percent.
Value development
Supply and demand determine the value of HZPC’s certificate of share. The value decrease or increase is limited to a maximum of 10 percent per stock trading day.
The first certificates were traded in financial year 1999/2000 against a value of € 24.
(Click to enlarge)
The next stock trading day will be held in May 2017.
Value of HZPC certificate of share and HZPC market value on the half-yearly stock trading day; the dividend paid as determined annually in October.
Return
Since the founding of HZPC in 1999, a dividend was paid every year. The amount of dividend for 2015/2016 is determined at € 5.75 in the shareholders meeting on 6 October 2016.
HZPC combines its ambition to offer certificate holders a good return with paying competitive growers’ prices to the HZPC seed potato growers in the countries where HZPC is represented.
Source
HZPC
