26 January 2021, 14:07, Ukraine

AMCU approved of ROSTOK-HOLDING shareholding acquisition by Gribov

The Antimonopoly Committee of Ukraine (AMCU) approved the acquisition of ROSTOK-HOLDING shareholding by Samoran Investments owned by Yakov Gribov.

"Samoran Investments Limited (Tortola, British Virgin Islands) is authorized for the acquisition of shares in Rostok Agroinvest Limited (Limassol, Cyprus), which ensures exceeding 50% of the votes in the company's supreme governing body," the AMCU decision reads.

The Antimonopoly Committee of Ukraine allowed a Ukrainian citizen to buy shares in the authorized capital of Novhorod-Siversky Elevator, Demor and Novhorod-Siversky Agrarian Investments indirectly through the company ZICHINO LIMITED (Limassol, Cyprus). Such shareholding exceeds 50% of the votes in the companies' management bodies.

Under the data of the analytical system YouControl, the owners of ROSTOK-HOLDING Yakov Gribov and Viktor Kupavtsev are the ultimate beneficiaries of Novhorod-Siversky Elevator, Demor and Novhorod-Siversky Agrarian Investments.

In April 2020, the AMCU authorized Samoran Investments for the purchase of 49.9% stake in Rostok Agroinvest Limited. The latter controls the corporate rights of companies, in particular those that are part of ROSTOK-HOLDING.

Samoran Investments manages the corporate rights of legal entities and does not operate in Ukraine. Yakov Gribov is the ultimate beneficiary of the company.

As a reminder, ROSTOK-HOLDING invested USD 2 mln in the modernization of its grain elevator in Glukhiv town of Sumy region.