Business news from Ukraine

SWISS ASPRA FINANZ HOLDING LEAVES VECTOR INVEST, VECTOR INVEST LIFE INSURERS AS SHAREHOLDER

16 September , 2016  

KYIV. Sept 16 (Interfax-Ukraine) – Switzerland’s Aspra Finanz Holding AG that held 48% each in insurance companies Vector Invest and Vector Invest Life (both based in Kyiv) has left the companies as a shareholder, the companies have reported.

An individual that held 42% of shares in Vector Invest left the company as a shareholder. An individual that held 42% of shares in Vector Invest Life also left the company as a shareholder.

Other individual acquired 100% or 7,500 voting shares in Vector Invest and an individual became the only shareholder in Vector Invest Life buying 11,000 shares.

Ultimate beneficiaries of the two companies are the founder of Pozniaky-Zhyl-Bud Corporation Never Mkhitarian and Aspra Finanz Holding AG, the ultimate beneficiary of which is Sinan Bodmer (Switzerland).

According to the public register, Mkhitarian holds 47% of shares in Vector Invest Life and Kyiv’s resident Hahik Mikaelian – 5%.