The independent Corporate Governance Committee of the Warsaw Stock Exchange announced a violation by the Kernel agricultural holding of the Rules of Good Practice for Exchange Companies of the WSE 2021. This became known thanks to the publication of a report that appeared on the exchange’s website.
The authors of the Telegram channel “All moves are recorded” have already responded to this news, where they publish incriminating evidence on famous officials, politicians and businessmen.
“The Independent Committee on Corporate Governance of the Warsaw Stock Exchange said “ah-yay-yay” to Andrei Verevsky, who openly cheated investors of the Kernel agricultural holding when he increased his stake by issuing new shares at a reduced price and buying them up, and then made an offer to his “partners” - minority shareholders sell their shares, which turn into sunflower husks. The committee declared a violation of the rules of exchange practice, but its statement has no legal force,” the authors of the publication report.
Chapter 4 of Good Practices of WSE Listed Companies 2021 notes that public companies must consider, above all, respect for the “legitimate interests of particular investor groups” when making decisions.
At the same time, the WSE Corporate Governance Committee believes that by issuing shares in August 2023, Kernel violated the very principles of the functioning of the capital market and, in particular, the fundamental rights of the company's shareholders, including the right to equal treatment.
