PrJSC Kyivkhlib, the largest bread producer in Kyiv, is increasing its charter capital by UAH 3.9 million or 9.8%, to UAH 43.5 million via an additional issue of shares.
According to a company report in the information disclosure system of the National Commission for Securities and the Stock Market, the decision to increase the charter capital was made by the company’s shareholders at a general meeting on October 5.
The company said that the shares will be placed privately. The holders of ordinary nominal shares have priority in buying the shares being placed proportionally to their stakes in the company. The shares will be placed at UAH 0.05 per share, which equals to its face value.
The company in 2017 saw UAH 15.27 million of net profit, which is 21.6% less than a year ago.
PJSC Kyivkhlib was established in 1996 through the reorganization of state enterprise Kyivkhlibprom. It is the largest producer of bread and bakery goods in Kyiv. The company includes nine production sites in the capital and Kyiv region.
