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Posted On

29
October
2021

UX shareholders decide to increase charter capital by 21.9%

KYIV. Oct 29 (Interfax-Ukraine) – JSC Ukrainian Exchange (UX, Kyiv) decided to increase the charter capital by UAH 9 million, or by 21.9%, to UAH 50.006 million due to an additional issue of shares and the possible appearance of new shareholders.

"Today [Thursday] at an extraordinary meeting, shareholders decided to increase [the charter] capital," head of the UX Board Artemiy Ershov told Interfax-Ukraine.

Earlier, the draft protocol of the meeting indicated that the placement of shares of the additional issue will be private, the price will be determined by the exchange council.

As reported, the UX shareholders on September 3, 2021 decided to expand their activities to trade in goods, in particular agricultural raw materials, fuels, metals, industrial chemicals, construction materials, industrial equipment, ships, aircraft, etc.

The Ukrainian Exchange was founded on May 15, 2008 by the leading participants in the Ukrainian securities market together with the Russian stock exchange RTS, which later merged with the Moscow Exchange. UX was the first to launch the order-driven market, internet trading, the repo market, settlements through the central counterparty and the derivatives market. However, in the middle of July 2018, the exchange suspended trading in all securities in the mode of orders due to the ban on using the Moscow Exchange software in its activities.

In March 2019, UX announced the resumption of trading on the order market on the new platform.

Currently, the exchange is one of the three largest in the Ukrainian market.