Profil:
Grupa Pracuj SAGrupa Pracuj has agreement to increase its stake in companies running Ukrainian services
Listed HR firm Grupa Pracuj has signed an investment agreement to indirectly increase its involvement in Ukrainian companies operating businesses under the names Work. ua and Robota. ua, where the total share purchase price is not to exceed USD 7.65 million (EUR 7.02 mln), the company said in a market filing.
Under the agreement, the company is to indirectly acquire from Andriy Borovyk a 29.4 percent stake in Gravitatciya-U TOV, which currently holds a 33 percent stake in Robota International TOV (Robota. ua), and a 67 percent stake in Work Ukraine TOV (Work. ua).
The Pracuj Group will also directly purchase 29.4 percent of the shares in Cyprus-based GVT, which currently holds 33 per cent of Snowless Global Ltd and 67 percent of WorkIP Ltd.
The total purchase price for these shares is not expected to exceed USD 7.65 million (EUR 7.02 mln).
If the transaction is finalised, Pracuj Group's total shareholding (directly and indirectly) in Robota International TOV will increase to 76.7 percent (including 67 percent directly), and in Work Ukraine TOV to 52.7 percent (including 33 percent directly).
seb/ nl/
