The value of certificate of share of HZPC Holland B.V, the seed potato supplier, has been set at EUR 136.90, as a total of 4,765 certificates of share were traded at stock trading day May 2016.

Gerard Backx, CEO of HZPC, comments on the new value of the certificate: “HZPC has 783,725 certificates of share. At the current value, HZPC’s market value exceeds EUR 100 million for the first time in history. HZPC traded the first certificates in financial year 1999/2000 against a value of EUR 24.00. At that time, HZPC’s market value was almost EUR 19 million.”

The value of HZPC again increased with the 10 percent maximum. Since May 2010, the value of certificate increased twelve times with this maximum 10 percent – and one time with more than 9 percent.

HZPC organises a stock trading day twice per financial year for associated breeders and seed potato growers, and for HZPC employees in the countries where HZPC is represented. The stock trading day is executed by a bank.

This stock trading day was the first to be facilitated with a new online platform for buying and selling certificates of shares. This online system offers shareholders also insight in their own position.
Supply and demand determine the value of HZPC’s Certificate of Share. Value decrease or increase is limited to a maximum 10 percent per stock trading day. The first certificates were traded in financial year 1999/2000 against a value of EUR 24. The next stock trading day will be in November 2016.