Value of HZPC-certificate increases with the maximum 10%; certificate in high demand

HZPC Holland, world leader in potato breeding, announces that during the stock trading day of last Friday 16 May, the value of the HZPC-certiticate was set at € 93.50.

That is 10% more than the value of the last stock trading day of November 2013. Twice a year a stock trading day is organised. Herewith the value increased again for the ninth time in a row. From the 783,725 certificates, there were 3,673 certificates traded on the last stock trading day. Of the buying orders only 16% is granted.

Twice a year, in May and November HZPC organises a stock trading day where certificate holders, that are the HZPC seed potato growers and HZPC employees from all the countries where HZPC has a subsidiary, determine the value and buy and sell certificates.

Each stock trading day the maximum fluctuation of the value is 10% increase or decrease.

In its fiscal year 1999-2000 HZPC started trading certificates at a value of € 24.00. Since then a dividend was paid every year. The dividend of 2013-2014 is assessed in October.

Returns

HZPC strives to offer the certificate holders a good return on dividend payment and to increase the value of certificates on the long and short term.

Gerard Backx adds: “The commitment of HZPC is to combine a good profit for the certificate holders with the payment of a good price to the HZPC seed potato growers. Due to a good growers’ price together with a healthy growing yield, the growers may expect a financial return that is above-average in the year 2013.”


The next stock trading day will be on 14 November 2014.