22 April 2009
The State Property Fund announced late yesterday that it will delay the privatization tender for a 25%+1 stake in Poltavaoblenergo (POON), scheduled for today, by one week until April 29 due to a lack of claims. The starting price for the tender had been set as the six-month average price of trades on the PFTS: UAH 307.69 mln for the stake (UAH 5.57 per share, a 24% premium to the current offer price). The tender is still planned to take place on the Ukrainian Interbank Currency Exchange. The government is planning to auction off a 25.02% stake in Prykarpatoblenergo (PREN) on Friday, April 24 for a starting price of UAH 230.70 mln (UAH 8.9 per share, a 78% premium to the current offer price) on the PFTS.