KYIV. Feb 27 (Interfax-Ukraine) – Dragon Capital, a member of the Dragon Capital Group, has additionally acquired 4.674 million shares in Dragon Ukrainian Properties and Development Plc (DUPD, the Isle of Man), boosting its stake to 14.108 million shares of 22.04%.
DUPD said last week that the deal was finalized on February 21. Shares were bought for GBP 0.13 per share (around $0.16 per share).
The total cost of the deal was around $747,913.
As reported, earlier Dragon Capital several times bought shares in DUPD.
DUPD was founded late February 2007. Its portfolio includes Kyiv’s Obolon Residences project, suburban gated community Green Hills and Riviera Villas, a stake in Arricano, 38 apartments in Sadok Vyshnevy suburban gated community and some land parcels in Ukrainian regions.
