SPF schedules sale of 25% stake in Dniproenergo, 25% in Donbasenergo, 10% in Centrenergo, 5% in Odesa Port-Side Plant for Dec 24-30
The State Property Fund of Ukraine (SPF) plans to sell 25% of shares in public joint-stock company DTEK Dniproenergo, 25% of shares in public joint-stock company Donbasenergo, 10% in public joint-stock company Centrenergo and 5% in public joint-stock company Odesa Port-Side Plant
According to a Wednesday official report of the fund in the Vidomosti Pryvatyzatsii newspaper, the sale of 10% of shares in Centrenergo, the last heat generating company in which the state retains control, with the initial price of UAH 257.6 million or UAH 6.973 per share (face value UAH 1.30) is scheduled for December 24 on the Ukrainian interbank currency exchange.
A 5% stake in Odesa Port-Side Plant at the initial price of UAH 39.927 million or UAH 1 per share (the face value of UAH 1) will be put up for sale on the Perspectiva stock exchange on December 24. It is planned to sell the controlling stake in the company in 2015.
A 25% stake in Donbasenergo and a 25% stake in Dniproenergo are put up for sale on the Eastern-European Stock Exchange on December 25 and on the Ukrainian interbank currency exchange on December 30 respectively. The initial price of the stakes is UAH 281.939 million or UAH 47.70 per share (the face value of UAH 10) and UAH 1.23 billion or UAH 824.40 per share (the face value of UAH 25) respectively.
