Ekosem-Agrar AG reaches an agreement in principle with the Russian Agricultural Bank on the continued financing of the Group

DGAP-Ad-hoc: Ekosem-Agrar AG / Key word(s): Legal Matter/Financing Ekosem-Agrar AG reaches an agreement in principle with the Russian Agricultural Bank on the continued financing of the Group 09-Dec-2021 / 14:55 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Ekosem-Agrar AG reaches an agreement in principle with the Russian Agricultural Bank on the continued financing of the Group Walldorf, December 9, 2021 - Ekosem-Agrar AG announces that the Russian Agricultural Bank (Rosselkhozbank, RSHB) has adopted far-reaching resolutions on the continued financing of the Ekosem-Agrar Group. Accordingly, the Russian Agricultural Bank will continue to provide the Ekosem-Agrar Group with existing credit lines for working capital. The Russian Agricultural Bank has also confirmed that no Ekosem-Agrar Group company is in default of payments to the Russian Agricultural Bank and therefore the Russian Agricultural Bank or RSHB-Finance has no intention to exercise any options in respect of shares in the Russian intermediate holding companies OOO EkoNiva-APK Holding, OOO EkoNiva-Produkty Pitanija and OOO EkoNiva-APK Chernozemje. In addition, the Russian Agricultural Bank has assured that it will shortly provide the declarations required for the completion of the financial statements of Ekosem-Agrar AG for the financial year 2020. The bank also decided to release financial resources for the completion of three dairy farms, as well as a number of other projects that have a high level of completion. Ekosem-Agrar Group and the Russian Agricultural Bank will also continue to hold constructive talks with the aim of resuming the financing of a dairy processing plant in the Novosibirsk region with a capacity of 1,150 tonnes of raw milk per day.   Contact Ekosem-Agrar AG Ekosem-Agrar AG // T: [phone] // E: [e-mail] Press / Investor Relations Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: [phone] // E: [e-mail] 09-Dec-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Ekosem-Agrar AG
	Johann-Jakob-Astor-Str. 49
	69190 Walldorf
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.ekosem-agrar.de
ISIN:	DE000A1MLSJ1, DE000A1R0RZ5
WKN:	A1MLSJ, A1R0RZ
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1256144

End of Announcement	DGAP News Service

1256144  09-Dec-2021 CET/CEST