The meeting of shareholders of the insurance company Avangard (Kiev) has decided to increase the authorized capital 4 times, up to UAH 48 mln by conducting an issue for the amount of UAH 36 mln, as reported in the official information of the insurer, placed in the information base of the National Commission on Securities and Stock Market (NCSSM).
It is noted that in the course of the closed issue it is planned to place 36 thousand shares with nominal value of UAH 1 th.
IC “Avangard” was registered in November 2004. It specializes on risk insurance.
The shareholders of the company are AVT-Buti LLC (Kiev) 47,51% and six individuals with stakes from 9,5% to 9,8%
Authorized capital – UAH 12 mln.
