“
This is stated in the release of “Kyivstar”, which is at the disposal of the EP.
47.85% of corporate rights were under arrest Veon in “Kyivstar” and 100% corporate rights in other Ukrainian subsidiaries of the group: Ukraine Tower Company, Kyivstar Tech and Helsi.
With this decision, the court completely canceled the previously imposed restrictions on corporate rights, in particular on 47.85% of the authorized capital of “Kyivstar”. This share belongs to entities connected with LetterOne, a company owned by sanctioned Russian oligarchs Mykhailo Fridman, Petro Aven and Andriy Kosogov. They are part of the closest circle of Russian President Vladimir Putin and finance Russian aggression.
“Today’s decision allows us to focus on expanding 4G, increasing energy sustainability and developing digital services. Thanks to our team and VEON’s support, we play a key role in strengthening Ukraine’s resilience and its reconstruction,” said Kyivstar CEO Oleksandr Komarov.
Nasdaq-listed VEON also welcomed the court’s decision on behalf of all stakeholders. “By creating a safe and transparent environment for foreign direct investment, Ukraine demonstrates itself as a reliable partner for international business and strengthens the trust of current and potential investors,” said Ogi K. Fabela II, Chairman of the Board and founder of VEON.
Read also: “Hello, Friedman? You won’t believe it.” Will Ukraine nationalize “Kyivstar”
We will remind:
Earlier, in October 2023, sud imposed an arrest on all corporate rights in Ukraine belonging to sanctioned Russian oligarchs Mykhailo Fridman, Petro Aven and Andrii Kosogov, who are part of the entourage of Russian President Vladimir Putin and finance Russian aggression.
According to EP sources, among the seized assets were 100% PJSC “Kyivstar”which were allegedly controlled by these oligarchs through the Dutch company VEON Ltd.. As well as the shares already owned by Kyivstar itself in other companies, in particular LLC “Halsey Ukraine”, which has the medical data of the majority of Ukrainians who have signed a declaration with a family doctor.
Subsequently, The Shevchenkiv District Court of Kyiv clarified the decision on the seizure of the shares of the mobile operators Kyivstar and Lifecell, which now applies only to shares controlled by Russian oligarchs.
In April 2024, lifecell will announce what is being prepared appeal court decision to freeze Friedman’s share (19% of shares) in the company.
Subsequently, on April 16, the Court of Appeal of Kyiv canceled seizure of 19.8% of Lifecell shares and 100% of Paycell shares, which paves the way for the completion of the deal with NJJ Holding.
”, — write: epravda.com.ua
This is stated in the release of “Kyivstar”, which is at the disposal of the EP.
47.85% of corporate rights were under arrest Veon in “Kyivstar” and 100% corporate rights in other Ukrainian subsidiaries of the group: Ukraine Tower Company, Kyivstar Tech and Helsi.
With this decision, the court completely canceled the previously imposed restrictions on corporate rights, in particular on 47.85% of the authorized capital of “Kyivstar”. This share belongs to entities connected with LetterOne, a company owned by sanctioned Russian oligarchs Mykhailo Fridman, Petro Aven and Andriy Kosogov. They are part of the closest circle of Russian President Vladimir Putin and finance Russian aggression.
“Today’s decision allows us to focus on expanding 4G, increasing energy sustainability and developing digital services. Thanks to our team and VEON’s support, we play a key role in strengthening Ukraine’s resilience and its reconstruction,” said Kyivstar CEO Oleksandr Komarov.
Nasdaq-listed VEON also welcomed the court’s decision on behalf of all stakeholders. “By creating a safe and transparent environment for foreign direct investment, Ukraine demonstrates itself as a reliable partner for international business and strengthens the trust of current and potential investors,” said Ogi K. Fabela II, Chairman of the Board and founder of VEON.
Read also: “Hello, Friedman? You won’t believe it.” Will Ukraine nationalize “Kyivstar”
We will remind:
Earlier, in October 2023, sud imposed an arrest on all corporate rights in Ukraine belonging to sanctioned Russian oligarchs Mykhailo Fridman, Petro Aven and Andrii Kosogov, who are part of the entourage of Russian President Vladimir Putin and finance Russian aggression.
According to EP sources, among the seized assets were 100% PJSC “Kyivstar”which were allegedly controlled by these oligarchs through the Dutch company VEON Ltd.. As well as the shares already owned by Kyivstar itself in other companies, in particular LLC “Halsey Ukraine”, which has the medical data of the majority of Ukrainians who have signed a declaration with a family doctor.
Subsequently, The Shevchenkiv District Court of Kyiv clarified the decision on the seizure of the shares of the mobile operators Kyivstar and Lifecell, which now applies only to shares controlled by Russian oligarchs.
In April 2024, lifecell will announce what is being prepared appeal court decision to freeze Friedman’s share (19% of shares) in the company.
Subsequently, on April 16, the Court of Appeal of Kyiv canceled seizure of 19.8% of Lifecell shares and 100% of Paycell shares, which paves the way for the completion of the deal with NJJ Holding.
