Inside Potatoes
'Important that growers are co-owners of HZPC'
The supply of certificates from HZPC has decreased slightly, but is still large. The potato breeder announced this today (Friday 7 May) during the six-monthly trading day. After several years of limited supply, many inactive growers want to sell their shares.
Would you like to continue reading this article?
Become a subscriber and get instant access
Choose the subscription that suits youThe price of the share certificate has been set at €106,35. That is a decrease of 10%, the maximum decrease according to the stock exchange model used by HZPC. According to HZPC, this is good news for active growers. It is now easier and more attractive for them to buy certificates.
Involving growers in HZPC
"We think it is important that a large part of the certificates are in the hands of growers who are still fully active themselves," says Gerard Backx, CEO of HZPC Holding in a press release. "In this way they are co-owners of HZPC." To give the transfer of certificates an extra incentive, HZPC has been purchasing shares since this year and then donating them to active growers.
Interested growers can register for this via the Connecting Growers program. "Many growers are participating in this. This means that many HZPC growers in the European Union will be certificate holders," says Backx. The certificates are distributed based on the number of hectares of seed potatoes of the participating growers.
The fair day is held twice a year in May and November. Affiliated (old) seed potato growers, growers and employees of HZPC can trade their certificates via an online platform. The fair day is supervised by a bank.