Stock market watchdog permits Dragon Capital to buy shares in Ukrainian Exchange

11:05, 14.01.2016 1 min read

The National Commission for Securities and the Stock Market of Ukraine at a meeting on January 12 permitted Dragon Capital LLC to acquire a large stake in public joint-stock company Ukrainian Exchange (Kyiv).

The commission said that Dragon Capital CEO Tomas Fiala and Conebond Limited also received the permits to acquire shares in Ukrainian Exchange.

The commission permitted Dragon Capital LLC, Conebond Limited and Fiala to acquire a large stake in Dragon Capital LLC JV, a professional stock market player.

As reported, on November 27, 2015, the National Commission for Securities and the Stock Market permitted Teta Partners Ltd. affiliated with Univer Capital (Kyiv) to indirectly acquire shares in Ukrainian Exchange. 100% in Ukrainian Exchange Holding which holds 20.64% in Ukrainian Exchange will be bought. In addition, Univer Capital plans to acquire slightly over 2% of shares in Ukrainian Exchange. Thus, the group will hold around 23% of shares in the exchange.