17:41 17.11.2015

Dragon Capital suspends participation in acquisition of Ukrainian Exchange shares

1 min read
Dragon Capital suspends participation in acquisition of Ukrainian Exchange shares

Dragon Capital investment company has suspended its participation in the acquisition of shares in PJSC Ukrainian Exchange (both based in Kyiv) from Moscow Exchange (the Russian Federation), according to a company press release.

"Due to the fact that mass media give some distorted information about the participation of Dragon Capital in the acquisition of shares in Ukrainian Exchange, and given the ambiguous perception of such a transaction on the part of market participants, Dragon Capital is suspending its participation in the acquisition of shares from Moscow Exchange," head of the investment company Tomas Fiala said.

As reported, the Moscow Exchange supervisory council on September 23, 2015 approved the proposal of the management to exit assets in Ukraine.

Moscow Exchange on November 16 signed an agreement to sell the stake in Ukrainian Exchange to a specially created foreign enterprise, controlled by Ukrainian investment company Univer Capital (Kyiv).

Dragon Capital investment company was also interested in buying shares in Ukrainian Exchange. According to Fiala, Dragon Capital and Univer Capital act together in a deal to purchase the shares of Moscow Exchange in Ukrainian Exchange.

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