|
Privatization is a buyout by physical and/or legal persons of all shares of a public corporation or holding company stock, privatizing a publicly traded stock. For the state it is a possibility to attract additional funds to the budget and transit a company to private ownership for further effective management.
The Ukrainian Exchange holds trading in block of stocks of open joint stock companies in a form of a privatization auctions in accordance with "Provisions on the order for sale on the exchange stocks of the open joint stock companies owned by the state" and Trading Rules on The Ukrainian Exchange. The State Property Fund of Ukraine acts at the auctions as a Seller, and both legal entities and individuals who in accordance with the current legislation of Ukraine have a right for acquisition of property in the process of privatization can act as Buyers.
In order to become a buyer at the privatization auction on The Ukrainian Exchange, residents need to fill in the documents,given below. Non-residents can contact one of members of exchange.
Privatization auctions on The Ukrainian Exchange take place every Tuesday. The Exchange informs of the date and time of an auction on its website well in advance.
For more detailed information on privatization auctions please contact Evgeniy Komissarov, Trading Department by e-mail: info@ux.ua or by phone: (044) 495-7474. |
