DTEK acquires minority stakes in DTEK Donetskoblenergo. Included in the DTEK LLC, DTEK Power trade put public irrevocable request for redemption of shares of DTEK Donetskoblenergo, reported in the information disclosure system NSSMC.
DTEK Donetskoblenergo buys shares of 8.78 UAH.
To achieve this, DTEK is owned 71.5% of the shares of Donetskoblenergo. Now the group will focus 96,52705% or 63 million 241,796 thousand shares.
For today in circulation is 65 million 517,175 thousand shares of the company. The buyout will cost the majority shareholder of 20 million UAH.
Previously, the company Ornex (part of SKM) bought a privatization auction of the state’s 25% stake in DTEK Donetskoblenergo at a starting price of 143,8 million.
Last year Donetskoblenergo ended with a loss of 1.13 billion ($41.5 million, at the rate of NBU on 31 December 2016), the company’s revenue amounted to 2,879 billion hryvnia ($105,86 million). Of assets and the largest consumers of the company are located in the temporarily occupied territories of Donetsk region.