MILKILAND (MLK): Postponement of the publication of the Annual Report of Milkiland Group for 2016 - raport 5

Raport bieżący nr 5/2017

Podstawa Prawna:
Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieї№ce i okresowe

The Board of Directors of Milkiland N.V. (“the Company") informs that the Company received the information from the Company’s auditors, namely BDO Audit and Assurance B. V., regarding the additional time required for issuance of an independent auditors report on the consolidated financial statements of Milkiland Group as at 31 December 2016, to be included into the Annual Report of Milkiland Group for 2016.

The reason for this is the necessity of the additional assessment by the auditors of recently initiated legal case on bankruptcy of JSC “Ostankino Dairy Combine”, the main subsidiary of the Group in Russia, and on-going restructuring of the Russian segment of the Group’s business.

Due to the aforementioned, the publication of the Annual Report of Milkiland Group for 2016 will be postponed until 31 May 2017.