Shareholders of Busin Insurance Company (Kyiv) plan to allocate UAH 13.6 mln to dividends and UAH 48.8 mln to increase charter capital out of UAH 62.4 mln of financial profit earned in 2022, according to the agenda of shareholders meeting scheduled for March 31.
According to the company’s information posted in the database of the National Securities and Stock Market Commission (NSSMC), the emission is planned by increasing the nominal value of shares.
The remaining profits in the amount of UAH 21.935 ths will be left undistributed.
Besides the shareholders of the company are planning to carry out a transition to a one-level structure of management of the company, to determine the number of members of the Board of directors, to approve the new edition of the company’s charter.
IC Busin was registered in February, 1993. It specializes on risk kinds of insurance. It is member of several professional and industry associations: League of Insurance Organizations of Ukraine, National Club of Insurance Indemnities, International Association of Aviation Insurers (UA), Nuclear Insurance Pool, American Chamber in Ukraine, British Business Club.
As reported, in March 2021, its shareholders Larisa Nepochatova and Oleksiy Ovchinnikov reduced their stakes from 49.9% to 25%. In turn, Denis Ovchinnikov and Ivan Ovchinnikov increased their stakes from 0.009% to 12.495% and Oleksandr Nepochatov from 0.009% to 24.99%.
