Recent Posts
- Ukraine recovery should be based on development of territorial communities, innovations, involvement of professional domestic community – results of ESUR forum 29.06.2023
- Ukraine repatriates five more seriously wounded Russian POWs 10.04.2023
- Rada intends to include history of Ukraine, foreign language in final certification for general secondary education 10.04.2023
- Rada terminates protocol on joint anti-terrorist measures in CIS territories for Ukraine 10.04.2023
- 100 Ukrainians, incl defenders of Mariupol, returned according to swap procedure – Yermak 10.04.2023
VS Energy announces squeeze-out for shares of Rivneoblenergo minor shareholders
KYIV. Oct 5 (Interfax-Ukraine) – VS Group Management LLC has sent a public irrevocable demand for compulsory redemption of shares (squeeze-out) to the minority shareholders of PrJSC Rivneoblenergo.
According to a report posted on the website of the Stock Market Infrastructure Development Agency of Ukraine, the buyback price is UAH 7.88 per share with a nominal value of UAH 0.25.
The report states that the highest price at which the applicant or persons affiliated with him acquired the issuer’s shares over the past 12 months was UAH 5. At the same time, the market price of Rivneoblenergo shares as of August 16, 2021, determined by the appraiser KK Ostriv LLC, was UAH 7.88.
As reported, VS Group Management LLC, thanks to the conclusion of a joint action agreement with K12 Invest LLC (the share in the regional energy company – 6.3255%) and the Professional Fund of the Independent Industry Trade Union of Power Engineers of Ukraine (share – 1.7619%) on August 17, 2021, announced the receipt of a dominant stake (over 95%) in PrJSC Rivneoblenergo.
