Naftogaz share capital increase formalized

Naftogaz share capital increase formalized



9 червня 2015 года
ICU

Last week, the Cabinet of Ministers of Ukraine revised Naftogaz's charter in which share capital was increased nearly threefold from UAH55.84bn to UAH160.45bn, up by UAH104.61bn. The resolution was a formality of some resolutions when the Cabinet of Ministers permitted the MoF to issue up to UAH117bn of bonds for Naftogaz in exchange for company shares.

Investment implications: As his resolution formalized the earlier share capital increase resolution of UAH$117bn, only UAH13.0bn of additional bonds remains to be issued. Should this occur, the UAH13.0bn share capital increase will be included in the charter at a later date.

Источник: ICU

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