SPF Announces Privatization Dates for Six Oblenergo Stakes

Yesterday, the State Property Fund published dates for the privatization of stakes in six Oblenergos. The shares will be sold on in May on six different exchanges: 25%+1 of Poltavaoblenergo (POON: SELL) on May 14 on the Ukrainian Interbank Currency Exchange; 26.98% of Lvivoblenergo (LVON: U/R) on May 15 on the Innex stock exchange; 25.02% of Prykarpatoblenergo (PREN: HOLD) on May 21 on the PFTS; 25%+1 of Chernihivoblenergo (CHEON: U/R) on May 22 on the Kyiv International Stock Exchange; 25%+1 of Sumyoblenergo (SOEN: N/R) on May 28 on the Ukrainian International Stock Exchange; and 25.01% of Odesaoblenergo (ODEN: SELL) on May 29 on the Ukrainian Stock Exchange. Alexander Paraschiy: In spite of SPF Head Valentina Semenyuk-Samsonenko’s unwillingness to privatize these companies, the government has done everything in its power to pave the way for privatization, including amending the Energy Strategy until 2030 on March 26. These moves obliged the SPF to go forward with placing these stakes on the market and lead us to believe that these dates and conditions will stick.