Slavutych to increase charter fund 11.2% to USD 133 mln

At their AGM on November 25, Slavutych (SLAV) shareholders approved an 11.2% share capital increase to UAH 950 mln (USD 133 mln) via an additional share issue. The company plans to place 96 mln shares at par value, UAH 1. Subscription will be held from January 5 to August 30, 2009. Proceeds will be directed into the modernization of the company’s Slavutych and Kyiv breweries.