ABH Ukraine Limited has increased its shareholding in JSC Alfa-Bank

News 25 june 2020 - 17:30

On June 25, 2020, Alfa-Bank’s shareholder structure was changed - ABH Ukraine Limited (ABHU, Cyprus) increased its shareholding in the Bank through the repurchase of the stake from MSP Stiftung (Liechtenstein). As a result of the transaction, ABHU's equity stake in the bank increased up to 42.3994%

The transaction also led to minor changes in the ultimate ownership structure of JSC Alfa-Bank. Actually, the ultimate substantial shareholders of JSC Alfa-Bank are as follows: Mikhail Fridman – 32.8632%, German Khan – 20.9659%, Alexey Kuzmichev – 16.3239%, and Petr Aven – 12.4018%.

The transaction was carried out in full accordance with the legislative and regulatory requirements of Ukraine.