52% INTEREST IN PIVDENNY ELECTRICAL ENGINEERING PLANT TO BE SOLD FOR CASH IN NONCOMMERCIAL TENDER

By October 1, investors can purchase for cash via a non-commercial tender a 52% share in the Pivdenny electrical engineering plant located in Nova Kakhovka, Kherson oblast. Another 6.3% block will be traded for cash via the stock exchange by July 1. The sales have been approved by Ukraine’s State Property Fund. The state will retain a 26% share in the plant. 8.14% of the shares were sold on preferential terms and 7.57% for privatization certificates.

The plant’s statutory fund is UAH 24,956,730. Each share has a nominal face value of UAH 0.25.

INFOBANK