On June 15, FC "Shakhtyor" stockholders' meeting was conducted. It passed the resolution to increase chartered capital of closed company by 90,500,000 UAH ($18 million) through the additional issue. Besides, System Capital Management, Ukraine provided FC with buck-up line (353.5 million UAH – $70 million) with 4.5% per annum and 57 months term in order to replenish circulating assets.
We remind that 99.99% of FC "Shakhtyor" stocks belong to System Capital Management which is owned by Rinat Akhmetov, the greatest Ukrainian tycoon. Rinat Akhmetov is the president of FC as well.
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