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You're reading: Ukraine International Airlines sold to Cyprus company
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According to the State Commission for Securities and the Stock
Market, Ontobet Promotions Limited as of the end of the third quarter of
2012 owned a 25.83% stake in the airlines, while 74.16% of UIA’s shares
were held by Kyiv-based Capital Investment Project LLC belonging to
Investment Projects Management LLC whose owner is Ontobet Promotions
Limited (since June 2012).

The commission said that by the end of the second quarter, Capital
Investment Project owned 51.64% of UIA’s shares, 15.91% belonged to
Austrian-based UIA holding company with limited liability, while 22.51%
of shares were held by Austrian-based U-I-A Holding GmbH.

As was reported, UIA has recently refuted reports in the press that
the Privat Group or its affiliated structures have become shareholder in
the airlines.

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