Wadless Holdings Limited (Cyprus) has filed a claim to the Yuzhniy Mining and Processing Works demanding the recovery of the debt on dividends valued at 132.32 million UAH.

The company owns 21.16 million shares of UGOK and thus is entitled to the dividends of 132.32 million UAH (6.25 UAH per ordinary share), according to the UGOK shareholders’ meeting on June 21, 2018.

The company claims UGOK has not paid the dividends in time.

Having studied the case, the court decided to satisfy it in full. (Ukrainian metal)

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