Business news from Ukraine

“Forte-Life to increase its authorized capital by 41%

27 May , 2024  

The shareholders of Forte Life Insurance Company (Kyiv) have decided to increase its authorized capital by UAH 7 million to UAH 24 million.
According to the company’s announcement in the NSSMC’s information disclosure system, the nominal value of one share is UAH 1 thousand, the placement price is UAH 4,541 thousand. The method of securities placement is without a public offer. It is noted that the placement of shares may lead to a change in the owner of a large stake (99.80% of the authorized capital), which at the time of the decision was Oksana Kuleshina.
As reported, Forte Life Insurance Company (formerly Insurance Union Life), registered in 2005, specializes in providing life insurance services.
In February 2021, the company announced that Astrum Ukraine LLC, which owns 99% of the shares of Forte Life Insurance Company (Kyiv), reduced its stake to 0%, and Oksana Kuleshina became the owner of this stake.