Ukrnafta schedules another EGM to try splitting assets
18 January 2022
Ukraine’s leading oil producer and gasoline retailer
Ukrnafta (UNAF UK) has scheduled another EGM for shareholders to vote on
passing some of its assets to its subsidiary Nafta-Aktyv, the company reported
on Jan. 17. The new EGM is planned for Feb. 17. The previous two shareholders
meetings, scheduled for Nov. 30 and Dec. 23, lacked a quorum. Recall, the
company’s two key shareholders, state-owned Naftogaz (NAFTO, owning 50%+1
share) and companies related to Ihor Kolomoisky (holding at least 41%) are in
talks to split the company’s assets between them.
Alexander Paraschiy: Unless some tangible progress is made in negotiations between Naftogaz
and Kolomoisky, the EGM is unlikely to occur, just like the previous two.
