Vostok Capital LLC (Kyiv), the main shareholder of which is Fozzy Group, has announced its intention to acquire 4.762 million shares (with a par value of UAH 47.620 million) of Arsenal Insurance Company (Odesa), which is 80.741% of the charter capital of the insurer.
According to the information disclosure system of the National Securities and Stock Market Commission, at the time of submission and publication of this report, Vostok Capital and its affiliates do not own shares of Arsenal insurer.
according to the data of the unified state register of legal entities, individual entrepreneurs, the founders of Vostok Capital are PrJSC Fozzy Group, whose contribution is UAH 214.014 million, and Vermont closed non-diversified venture capital investment fund with UAH 214.014 million.
The charter capital of Vostok Capital is UAH 428.028 million.
Arsenal insurer was registered in 2005.
Fozzy Group is one of the largest Ukrainian retailers with nearly 690 points of sale throughout the country. As of 2019, the total area of its stores exceeded 1 million square meters. The company develops retail chains of various formats: Silpo supermarkets, Fozzy Cash & Carry wholesale hypermarkets, Fora convenience stores, Thrash! discounters, Bila Romashka pharmaceutical supermarkets, Ringoo personal electronics stores.
