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Posted On

06
February
2023

Fozzy Group to pay UAH 120 mln in dividends to shareholders

KYIV. Feb 6 (Interfax-Ukraine) – PrJSC Fozzy Group (Vyshneve, Kyiv region), which is part of the commercial and industrial group Fozzy Group, intends to pay shareholders UAH 120 million in dividends.

According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission dated February 6, dividends will be paid at the rate of UAH 3.75 per ordinary registered share from February 24 to June 11, 2023.

Previously, Fozzy Group planned to pay dividends to shareholders from profits for 2021.

According to the company’s preliminary financial statements, its net profit in 2021 increased 11 times compared to the previous year, to UAH 124.3 million.

PrJSC Fozzy Group was founded in 2005. According to the National Securities and Stock Market Commission, its shareholder is Fozzy Group LLC (98.7%). The ultimate beneficiary is Volodymyr Kostelman.

Fozzy Group is one of the largest Ukrainian retailers with more than 690 outlets throughout the country. The company develops retail chains of various formats: Silpo supermarkets, Fozzy Cash&Carry wholesale hypermarkets, Fora convenience stores, Thrash! discounters, Bila Romashka pharmaceutical supermarkets, Ringoo personal electronics stores.