Transmagistral Insurance Company has increased its authorized capital to UAH 248 million through an additional issue of UAH 200 million.
As reported in the company’s information posted in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), this is enshrined in the Report on the results of the issue of shares without a public offer, certified by the company’s supervisory board.
It is noted that an additional 20 million shares with a par value of UAH 10 were sold for the amount of UAH 200 million.
As reported, the shareholders decided to hold the issue at a meeting on November 29, 2024.
At the end of January 2024, Ukrtransafta JSC, the authorized person acting on the basis of the agreement dated November 1, 2023 on the exercise of rights to 89.4977% of Transmagistrar shares, announced a public irrevocable offer to all shareholders of the company to purchase their stakes at a price of UAH 17.76 per ordinary share, which corresponds to the estimated value as of November 2023.
Earlier, the National Bank of Ukraine approved the state of Ukraine’s indirect ownership of 92.4059% of the shares of Transmagistral Insurance Company. Prior to that, on January 8, the NBU confirmed that the company’s ownership structure met the transparency requirements.
According to the company’s website, as of Q3 2024, the company’s shareholders were Ukrtransnafta JSC – 91.992%, the Primary Trade Union Organization of Ukrtransnafta JSC (Kremenchuk, Poltava region) – 5.1%.
IC Transmagistral was registered in 2003 and specializes in providing risk insurance services.
