Moscow exchange has signed an agreement to sell the stake to a Ukrainian exchange


Moscow. November 17. Ukrainian investment company “dragon Capital” and “Univer Capital” reached an agreement on buying Russian PJSC “Moscow exchange” of shares of PJSC “Ukrainian exchange” (UB).

According to the group “Univer”, on Monday signed an agreement to sell “Moscow exchange” of the shares of UB specially created by a foreign company (SPV), controlled by the “dragon Capital” and “Univer Capital”.

The representative of “Moscow exchange” confirmed the fact of signing of the agreement, but declined to comment further before closing the deal. Its cost is not specified.

“Now the regulator must agree on a deal. After that, we will offer a significant stake in the exchange to all market participants. Two participants of the market, even among the greatest, should not own the controlling stake in exchange”, – the President Saul investment “University” Taras Kozak.

According to him, due to claims of the seller on payment of shares in a freely convertible currency and current limitations for Ukrainian legal entities the buyer is a SPV.

“The perimeter of the transaction also includes acquisition of “Ukrainian exchange holding”, which owns more than 20% shares of “Ukrainian exchange”, – stated in the message.

Kozak noted that buyers are willing to return to dialogue with government, foreign institutional and strategic investors as well as interested in exchange had the best package in free circulation, “in future it may conduct SPO”.

As reported, the Supervisory Board of Moscow exchange on 23 September approved the proposal of the management strategy of exit assets in Ukraine.

“Dragon Capital” and “Univer Capital” earlier informed the Ukrainian regulator’s intention to buy stake in UB Masuria in the amount 43,084%, the share of Masuri 50%+1 share another Ukrainian stock exchanges – PFTS Kiev claimed “Favorite” and “Investment capital Ukraine” (ICU).