It is reported that the basis of this is the assumption that these oligarchs will control these shares through the Dutch company VEON Ltd.
The court-imposed seizure of all corporate rights in Ukraine belonging to sanctioned Russian oligarchs Mikhail Fridman, Pyotr Aven and Andrey Kosogov, the SBU reported on Friday, covers the seizure of 100% of shares of the largest Ukrainian telecom. operator, Kyivstar PrJSC. This was reported by the Interfax-Ukraine agency with reference to its own sources.
It is reported that the basis of this is the assumption that these oligarchs will control these shares through the Dutch company VEON Ltd.
The source added that the court also arrested shares in other companies owned by Kyivstar itself, in particular, Healthy Ukraine LLC, a medical information system and leading digital provider in Ukraine’s healthcare sector, which has more than 23 million patients and is known as a SaaS provider -medical information system solutions for 1,300 public and private clinics.
The President of Kyivstar Alexander Komarov recently noted in an interview with Radio NV that Fridman does not directly have less than 20% in Kyivstar, because together with partners through the company LetterOne he owns more than 47 % in VEON, and VEON is a public company that in its reporting for many years declares no controlling shareholder.
“By being listed on two exchanges (NASDAQ and Euronext), a large part of the company’s shares are the so-called free-float, freely sold and bought on these two exchanges. There (among the shareholders) there are only about 60 big investment And of the total number of shareholders – 26-27% are citizens of the United States, and all the rest are citizens from around the world with a larger share of Europeans, “explains Komarov.
He clarified that the largest international investor has about 12% of VEON, another – 8%, and the hedge fund Shah [Capital] – 4%.
“As a patriotic thinker, I have a dream that tomorrow I will wake up and there are no Russian shareholders, not even a minority, among the shareholders of the VEON company… (but) of course, this is a question for the shareholders,” the president of Kyivstar emphasized, recalling agreement on mutual protection of investments between Ukraine and the Netherlands.
It was previously reported that billions of dollars in assets of Putin’s oligarchs were arrested.
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.