Adecoag Filies Shelf Registration Statement
LUXEMBOURG, Sept. 23, 2013 /PRNewswire/ -- ADECOAGRO S.A. (NYSE: AGRO), a leading agricultural company in South America, announced today that it has filed a shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (SEC). Under the shelf registration statement, once declared effective by the SEC, certain shareholders may offer and sell from time to time, in one or more offerings, up to 55,821,281 common shares.
"Adecoagro is voluntarily registering the common shares to provide principal shareholders with a flexible mechanism to pledge or dispose of their holdings in the company while at the same time potentially enhance the liquidity of our common shares" - said Mariano Bosch, Chief Executive Officer.
The registration of the common shares for disposition by the principal shareholders does not mean that the principal shareholders will actually offer or sell any of the shares. The specifics of future offerings, if any, including the names of participating shareholders, the amount of shares to be offered and the offering price, will be determined at the time of any such offerings and will be described in a prospectus supplement filed at the time of any such offerings.
Adecoagro is not issuing or selling any shares and will