The securities Commission has suspended the circulation of shares of “PrivatBank”

НКЦБФР приостановила обращение ценных бумаг "ПриватБанка"

Privat

The national Commission on securities and stock market (NCSSM) has suspended the circulation of securities of PJSC CB “PrivatBank”. This is stated in the communication from the Commission on the results of yesterday’s meeting, posted on the Agency’s website.

“By results of consideration of issues on the agenda the following decisions were taken. Concerning the suspension of any change in the system of Depository accounting of securities (PJSC CB “PRIVATBANK”), the decision was made”, – stated in the message.

We will remind, on December 18, the government supported the proposal of the National Bank and the financial stability Board on the transition of the PJSC “PrivatBank” in the absolute state property. Provides that the state represented by the Ministry of Finance will become the owner of 100% shares of PJSC “PrivatBank” and ensures smooth functioning of the institution and preservation of the funds of its clients. The transition period will begin on December 19.

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