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Your Seed Potato Partner For North America

Your Seed Potato Partner For North America

News : Details

Increasing trade in HZPC certificates

11/7/2017


The value of the share certificate of HZPC Holding B.V.  (HZPC), the world leader in potato breeding and seed potato trade, has been determined after the bi-annual stock trading day November 2017 at €182.20. Once again, this means a maximum increase in the value of 10% and brings the market value to €142.8 million. On this last stock trading day, 11,000 certificates were traded, which is more than twice as many as in previous years. This is 1.5% of the total 783,725 outstanding certificates.

With a certificate value of €182.20, the value of the HZPC certificate has risen fifteen times by the maximum of 10% since May 2010, and once more by 9%.

Gerard Backx, CEO of HZPC Holding B.V. : ‘The new price with the maximum increase again shows that our investors believe in HZPC and our business strategy. Notably, the trade in certificates has doubled in comparison with previous years. Consequently, there is more movement on the market and the gap between supply and demand seems to be narrowing.


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