ProCredit Bank (Kyi) has completed an increase in the charter capital by 10.4%, or by UAH 147.76 million, to UAH 1.57 billion by attracting additional contributions through placing 310,000 ordinary registered shares of the existing par value, the bank said in the information disclosure system of the National Securities and Stock Market Commission.
The bank recalled that the decision to increase the charter capital was made by the shareholder on August 30, 2019.
ProCredit Bank was founded in 2001. Its only shareholder at the beginning of 2020 was ProCredit Holding (Germany).
According to the National Bank of Ukraine, as of September 1, 2020 in terms of total assets (UAH 27.274 billion) ProCredit Bank ranked 16th among 75 banks operating in the country.
Bank Zemelny Capital (Dnipro) increases its charter capital by UAH 73.5 million, or 32.5%, to UAH 300 million, through an additional issue of shares.
According to a bank report in the information disclosure system of the National Commission on Securities and the Stock Market, the bank’s shareholders at a general meeting on November 8 decided to increase charter capital.
The bank will place common registered shares without making a public offer. The placement price will be UAH 100 per share, which is equal to its face value and is higher than its market value (UAH 95.65).
Bank Zemelny Capital was founded in 1994. According to the NBU, as of January 1, 2019 the owner of the bank’s significant stake was former Minister of Coal Industry Viktor Topolov (94.426049% of the shares).
Bank Zemelny Capital ranked 66th among 76 banks operating in country as of early October 2019 in terms of total assets (UAH 731.218 million), according to the NBU.
The shareholders of Bank Alliance (Kyiv) at an extraordinary general meeting on November 27 will consider the issue of increasing charter capital by 40.4%, or by UAH 105.12 million, to UAH 365.12 million by capitalizing part of profit, according to a bank report in the information disclosure system of the National Commission on Securities and the Stock Market.
According to the report, the increase is planned to be carried out by increasing the nominal value of shares from UAH 16.25 to UAH 22.82 by sending part of profit for 2018 to the bank’s charter capital.
According to the NBU, as of July 1, 2019 Bank Alliance ranked 31st among 76 banks operating in the country in terms of total assets (UAH 3.137 billion).
The Cabinet of Ministers of Ukraine has amended the charter of the Energy Efficiency Fund, increasing its charter capital by UAH 1.119 billion, MP Oleksiy Honcharenko has said. “The Cabinet of Ministers has increased the charter capital of the Energy Efficiency Fund by UAH 1.119 billion,” he said on Telegram.
The decision will allow implementing 2,041 thermal modernization projects for multi-apartment buildings, the press service of the Ministry for Community and Territory Development said.
As reported, the national budget of Ukraine for 2019 foresees UAH 1.6 billion for the charter capital of the Energy Efficiency Fund.
The Energy Efficiency Fund intends within five years to finance more than 16,000 projects under the energy modernization program for the associations of co-owners of multi-apartment buildings.
Poltava mining and processing plant (PGOK, Ferrexpo Poltava Mining, Horishni Plavni, Poltava region), the largest producer of iron ore pellets in Ukraine, by the decision of its sole shareholder, Swiss-based Ferrexpo AG, intends to increase its charter capital by 62.3%, or UAH 1.185 billion through an additional issue of shares without public offering.
The corresponding issue of shares was registered by the National Commission for Securities and the Stock Market of Ukraine on October 18.
At the time of the decision on the issue (July 31 of this year), the charter capital of PGOK amounted to UAH 1.902 billion and was divided into 191 million shares with a par value of UAH 9.96. The sources of increase in the charter capital are cash in foreign currency.
The term for the placement of shares is from October 4 to November 20 of this year.
As reported, Ferrexpo AG, which owned a 99.1167% stake in PGOK, in June of this year forcibly bought back shares from minority shareholders under a squeeze-out procedure and increased its stake to 100%. The buyback price amounted to UAH 34.24.
Ferrexpo Plc, which owns 100% of Ferrexpo AG, which in turn owns 100% of Poltava GOK and 100% of Yeristovo GOK, is traded on the London Stock Exchange (LSE).
Since the beginning of July this year, the price of Ferrexpo shares on the LSE fell by almost 2.1 times, to GBP1.354 per share, which is the lowest level since January 2017.
IBOX Bank (Kyiv) has decided to increase its charter capital by UAH 100 million, or by 50%, to UAH 300.004 million through an additional issue of shares.
According to a bank report in the information disclosure system of the National Commission for Securities and the Stock Market, its shareholders decided to increase charter capital at a general meeting on September 25.
The shares will be offered at a price of UAH 1.18 per share, which equals its nominal value, without making a public offer.
The bank plans to use financial resources raised during share placement to bring regulatory capital in line with the requirements of the National Bank of Ukraine (NBU), the report said.
According to the NBU, at the beginning of August 2019 Volodymyr Drobot owned 54.991842% of the bank’s shares, Oleksiy Putiatin some 9.970795%, Ihor Khmelev some 9.897932%, Yevhen Berezovsky some 6.122%, Iryna Shpileva some 5.122519%, Oleksandr Smaliy some 4.70397%, and Natalia Konzurovska some 4.301307%.
IBOX Bank was founded in 1993.
The bank ranked 63rd among 76 banks operating in the country on July 1, 2019 in terms of total assets (UAH 820.014 million), according to the NBU.
