10:35 28.10.2016

UAE company to acquire control over Constanta airline

1 min read
UAE company to acquire control over Constanta airline

AP Holdings Limited, registered in the United Arab Emirates (UAE), intends to acquire control over PJSC Constanta Airline (Zaporizhia).

According to a report in the information disclosure system of the National Commission on Securities and the Stock Market, the company intends to acquire 9.336 million common registered shares with a nominal value of UAH 0.25 per share, which accounts for 99.81% of the company's charter capital.

According to the commission, at the end of the second quarter of 2016 a similar share in the airline belonged to Cypriot Energy Standard Projects Limited, which reportedly is a subsidiary of Energy Standard Group owned by businessman Konstantin Grigorishin.

Constanta Airline, according to the register of civil aircraft, has one passenger aircraft for local airlines Yak-40 produced in 1977.

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