Transmagistral Insurance Company PrJSC will increase its authorized capital to UAH 248 million through an additional issue of shares worth UAH 200 million.
According to the company’s information posted in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), this decision was made by shareholders at a meeting on November 29, 2024.
The additional share issue will include 20 million shares with a par value of UAH 10.
As reported at the end of January 2024, JSC Ukrtransnafta, the authorized person acting on the basis of the agreement dated 1 November 2023 on the exercise of rights to 89.4977% of shares in IC Transmagistral, announced a public irrevocable offer for all shareholders of the company to purchase their shares. The purchase price of the shares was UAH 17.76 per ordinary share, which corresponds to the estimated value as of November 2023.
Earlier, the National Bank of Ukraine approved the indirect ownership of 92.4059% of the shares of Transmagistral Insurance Company by the state of Ukraine. 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 April 2024, the company’s shareholders were Ukrtransnafta JSC – 91.992%, Ukrtransnafta Corporate Fund LLC – 2.908%, Primary Trade Union Organization of Ukrtransnafta JSC (Kremenchuk, Poltava), Primary Trade Union Organization of Ukrtransnafta JSC – 2.908%.
