Page 48 - UKRRptAug18

8.3 Stock market
8.3.1 Equity market dynamics
Dragon Capital s.r.о. (the Czech Republic) has cut its stake in PJSC Ukrainian Exchange (Kyiv) to 9.992% from 20.788%, reads a report posted in the information disclosure system of the National Securities and Stock Market Commission on July 9, 2018.
No details about terms of sale and buyer were made public.
As reported, Moscow Exchange left Ukrainian Exchange as a shareholder in 2016. In early February 2016, Dragon Capital s.r.o. bought 4,997 shares in Ukrainian Exchange (19.988%). On March 9, 2016, Univer Capital bought the rest of 23% of shares in Ukrainian Exchange belonged to Moscow Exchange. Univer Capital bought 100% in Ukrainian Exchange Holding which held 20.64% in Ukrainian Exchange. At the beginning of 2017, Dragon Capital acquired 0.8% of shares in Ukrainian Exchange, boosting its stake to 20.788%.
Ukrainian Exchange was founded on May 15, 2008 by the leading members of the Ukrainian securities market together with Russia's RTS stock exchange.
8.3.2 Dividends dynamics
Ukraine's mobile operator Kyivstar s going to channel UAH684 ($26mn) to pay dividends for 2011-2012, the company has reported in the information disclosure system of the National Commission for Securities and the Stock Market. Specifically, Kyivstar will channel UAH112.75mn for 2011 and UAH571.215mn for 2012. Kyivstar plans to pay dividends directly to shareholders in several parts. The dates of paying dividend in several parts proportional to all persons entitled to receive dividends are July 19, August 6 and September 4, 2018, Interfax news agency reported last week. The date of drawing up the lists of persons entitled to receive dividends for both years is July 12. Kyivstar is the largest Ukrainian telecommunication operator providing communications and data services based on a broad range of mobile and fixed-line technologies, including 3G. Company's customer base amounts to over 26mn in mobile and around 820,000 in broadband Internet. Kyivstar is a part of VimpelCom Ltd., one of the world's largest integrated telecommunications companies, headquartered in Netherlands. The holding company owns telecom assets in the CIS countries, Europe, Asia, and Africa, and its shares are freely traded on the stock exchange (NASDAQ). Jean-Yves Charlier is CEO of VimpelCom Ltd.
8.4 International ratings
Ukraine - Rating agency
as of Jan 2018
Bond rating: Moodys
Caa2 (P)
Bond rating: Fitch
B- (S)
48 UKRAINE Country Report August 2018 www.intellinews.com