Grave Ukraine Insurance Company (Kyiv) has increased its authorized capital by 41.2% to UAH 130.151 million through an additional issue of shares worth UAH 38 million.
This is stated in the report on the results of the issue of shares of IC Grave Ukraine, posted in the information disclosure system of the NSSMC.
As reported, the decision to hold an additional share issue was made at the insurer’s meeting on November 22, 2024. It was planned to additionally place 38 million shares with a par value of UAH 10.
As expected, the issue will be carried out at the expense of additional contributions without a public offer. Its terms provide for the preemptive right of shareholders to purchase shares in the course of their placement.
On April 10, 2008, INPRO Insurance Company became a member of the Austrian financial concern GRAWE (Grazer Wechselseitige Versicherung AG) and was renamed into Grave Ukraine Insurance Company.
PrJSC “Grave Ukraine Life Insurance” and PrJSC “IC ‘Grave Ukraine’ are part of the NFG ‘Grave Ukraine’, the ultimate beneficiary of which is GRAWE-Vermögensverwaltung (Austria).
