You're reading: SPF sells blocking stake in Kyivenerego at starting price

The State Property Fund of Ukraine (SPF) at an auction on August 18 sold a blocking stake (25 percent of shares) in public joint-stock company Kyivenergo at a starting price of Hr 759.6 million, the SPF has said on its website.

A total of 27.091 million shares were sold at Hr 28.04 per share. Only one bidder was registered to participate in the auction and that it why the shares were sold at the starting price.

The auction was held on the PFTS stock exchange.