JSC Kholodmash (Odesa), in which as of the third quarter of 2024 almost 51% of shares belong to Yuriy Rodin, owner of Odesa-based Pivdenny Bank, intends to completely change the composition of the Supervisory Board.
According to the draft decision of the extraordinary meeting of the company’s shareholders scheduled for December 24, the Supervisory Board plans to include Ella Piontkovska, Natalia Grigorieva and Diana Kvachadze, who recently announced their intention to acquire large stakes in KhOLODMASH JSC – 24.5% and two stakes of 16.1093%, respectively.
According to the National Securities and Stock Market Commission (NSSMC), none of them owned shares in JSC Kholodmash as of the third quarter of this year.
It is planned to remove Nikolay Krager, Galina Sarayeva and Tatyana Marchenko from the SB.
In addition, the meeting intends to approve the actions of the CEO to conclude and execute contracts for the disposal of the company’s real estate in the period from December 10 to December 24, 2024.
As reported, according to the NSSMC, in addition to Rodin, the company’s shareholders include Arie Becker (15.3047% of shares) and Mark Becker (5%), as well as Tecom LLC (9.9592%). According to Clarity Project, the ultimate beneficiary is Rodin.
According to the company’s website, Kholodmash, founded in 1932, specializes in the production of industrial refrigeration and ventilation units, in particular for air conditioning in mines.
According to the Clarity Project, in 2023, the company made a net profit of UAH 2.2 million, compared to a loss of UAH 0.4 million a year earlier, with revenue growing by 18% to UAH 13.8 million. In January-September 2024, the company’s profit amounted to UAH 2.6 million and revenue was UAH 11.8 million.
The company’s authorized capital is UAH 6.605 million, with a share price of UAH 0.25.
