First and foremost – the ordinary general meeting will be held on Monday 15^th May 2017 at 11.00 in Tårnsalen at Agri Nord, Hobrovej 437, 9200 Aalborg SV. More details will follow in due course.

News in brief

Generally speaking, the winter seed has enjoyed a good winter, and fertiliser has been applied to the majority of the areas.

The delivery of grain has been as expected. Approximately one week’s delivery remains, after which all stocks will be empty.
(See pictures under “News”)

Since the shareholders’ meeting in November, we have conducted a thorough review of the budget. In overall terms, the budget remains as previously presented. Recently, a great deal of time has been spent on compiling the financial statement for 2016 with a new accountant in Romania, at the same time as which bookkeeping has now commenced at our own office, a process that is proceeding satisfactorily.

The sales process is running as expected – not quickly, but with a positive wish on the part of both parties to work together to achieve a successful resolution.

Shareholders’ tour

The shareholders have put forward a wish to organise a shareholders’ tour. The tour will not be cheap, as unfortunately it has not been possible to get a direct flight, but I have tried to arrange a tour in which all 3 properties will be visited. If anyone so wishes, it will be possible to stay for a few extra days prior to returning home.
The maximum capacity of the tour is 35 people, and 20 tickets have been reserved to date with departure from Billund. If enough people are interested, there may also be the possibility of departure from Copenhagen.

Max. price = DKK 7,300/person in double room (single room available for modest supplement)
(incl. flight, hotel with breakfast, bus, dinner and the undersigned as guide).

Expected flight times:Outward flight Tuesday 6 June:
Billund – Frankfurt              10:40-12:05
Frankfurt – Munich             13:15-14:10
Munich – Timisoara            15:10-17:35

Return flight Friday 9 June:
Bucharest – Frankfurt         18:25-19:50
Frankfurt – Billund              21:30-22:45

Due to the short reservation time, you must sign up for the tour by Friday 31-03-2017 at the latest to:
Preben Hansen – preben@avdebogaard.dk.

The following information must be specified on registration:

• Whether you wish to depart from Copenhagen instead of Billund
• Whether you wish to have a later return flight
• Whether you require a single room

Participants are responsible for their own travel insurance.

Payment:
A non-refundable amount of DKK 2,500.00/person is payable on registration to the following account:
Reg. no.: 9035 Account no.:4567675896

The remainder will be payable at a later date.

Best regards

Agri Invest A/S

Preben Hansen Formand