ArsLegem Assisted BAT Ukraine in Private Placements of Shares for Almost UAH 9 Billion

ArsLegem Assisted BAT Ukraine in Private Placements of Shares for Almost UAH 9 Billion

ArsLegem Assisted BAT Ukraine in Private Placements of Shares for Almost UAH 9 Billion

Recently ArsLegem's lawyers under the lead of the firm’s partners Oleksandr Petrov and Roman Kolos advised the client on second during a year charter capital increase in the amount of UAH 5,085,569,021 (equivalent to approximately USD 180 million). During the emission ArsLegem supported Client at the stage of registration of the shares prospectus with the National Securities and Stock Market Commission. Prior to that, last year in December, ArsLegem lawyers successfully completed assistance in increase in the charter capital of PrJSC "A/T B.A.T.-PRILUCKY TOBACCO COMPANY" for a record amount of UAH 3,750,000,000 (equivalent to approximately USD 150 million).

Discussed additional issues of shares became one of the largest direct foreign investments into Ukrainian economy for 2016-2017.

British American Tobacco Ukraine is the first enterprise with foreign investments in the Ukrainian tobacco industry, established on the grounds of Prilucky Tobacco Plant in 1993. The company's portfolio includes such international brands as KENT, Rothmans, Pall Mall, Vogue, Dunhill, Lucky Strike, Capri as well as national brand "Prilucky". The products of the company are exported to Belarus, Armenia, Georgia, Moldova, Azerbaidjan and Singapore.