Smart-Holding Increased Its Authorized Capital by UAH 100 Million

25.02.2014

On 24 February, the extraordinary meeting of shareholders of Smart-Holding Private Joint-Stock Company resolved to increase the authorized capital of the company by UAH 100,000,000 – to UAH 100,469,000.

The objective of the additional placement of shares is replenishment of the working capital to improve the financial stability of the company and ensure its further development.

The authorized capital will be increased through the additional private placement of 100 million shares of the current nominal value (UAH 1).

Following the economic performance results for 2013, Smart-Holding received a net loss of UAH 6,138,000.

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Smart-Holding (Private Joint-Stock Company) is a company that coordinates the activities of enterprises sharing common strategic objectives and business principles. The enterprises of Smart-Holding Group invest in assets of metals and mining, oil and gas segment, banking sector, agriculture, retail, shipbuilding and real estate. Smart-Holding’s enterprises also participate in other business projects as portfolio investors.

Additional information: www.smart-holding.com