Ukraine’s leading cable operator Volia has seen a change in ownership structure.
Quoting publicly disclosed information, Telekritika reports that it took place at the end of November 2018 and saw the Australian company Warana Capital Pty Ltd and Cayman Islands-registered OL Group secure stakes of 5.6% and 8.4% respectively.
At the same time, Cayman Islands-registered Eton Park and Elq Investors ll Ltd, previously called Goldman Sachs, sold their respective shares of 5.9% and 8.4%.
Warana Capital Pty Ltd is reported to be a subsidiary of Warana Capital LLC (New York), founded and headed by Tim Ivers.
Despite this change, Volia still lists Providence Equity Partners as its main (34.92%) shareholder, with the next largest share (15.3%) being held by Contrak Investments, jointly owned by the European Bank for Reconstruction and Development – EBRD (20%) and SigmaBleyzer (80%).
Braeside Investment, the third largest shareholder (11.68%), is also (37.39%) backed by the EBRD (37.39%).
