On the 16th of November the investment group Univer and Moscow Exchange signed the agreement, under which the Russian party sells a stock of shares of PJSC “Ukrainian Exchange”. This is said on the web-site of the investment group Univer, RBC-Ukraine reports.
It is reported that the deal will be closed after obtaining a permit of NSSMC for acquisition of the substantial share of exchange as the licensed participant of stock market.
“Seller is a large public company with transparent corporate management. It needed formal approvals at several internal levels as well as with external consultants”, the President of Investment Group Univer Taras Kosak commented the event.
In addition, the seller’s requirement was the payment for shares with freely convertible currency. The current legislation does not permit this for Ukrainian legal entities, because the buyer is a foreign entity SPV. The scope of the deal also includes the full purchase of Ukrainian Exchange Holding, which holds more than 20% shares of Ukrainian Exchange.
It should be noted that the investment group “Univer” has been working in Ukraine since 2005. Main directions – brokerage service, investment fund management and corporate financing.
