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Yasinovsky Coke Increases Charter Fund By USD 2.8 Mn Yo USD 15.7 Mn

Yasinovsky Coke Increases Charter Fund By USD 2.8 Mn Yo USD 15.7 Mn

29 March 2008

The company issued 60 mn preferred shares at a par value of USD 0.047. While the shares have no voting authority, they enable holders to obtain fixed dividends. Concorde Capital: It is not often you find companies issuing preferred shares in Ukraine and we view it as a positive event and sign of improving corporate governance.

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