Ukraine National Commission on Securities and Stock Market approves ASTON investment fund liquidation pilot and a series of bond and share issue decisions

The Ukraine National Commission on Securities and Stock Market approved a pilot project to liquidate the mutual venture non-diversified closed-end investment fund ASTON by transferring all its assets and liabilities to JSC ZNVCIF GOLDFORT, alongside a package of approvals relating to corporate securities issuance and disclosure. Key decisions included approval of draft charters and registration of share issues to form the initial authorised capital of JSC ZNVCIF VINTAGE and JSC ZNVCIF MEGA FIN CAPITAL; amendments to the decision on KSG DNIPRO LLC’s Series B bond issue where a bond prospectus is not issued; registration (without public offering) of Series A registered corporate bonds of SIROCCO FINANCE LLC and FC LIBERTY FINANCE LLC; approval of appendices to the prospectuses for NovaPay Credit LLC’s corporate bonds (Series G, H and B); and amendments to the decisions on INVEST-BUDRESURS LLC’s Series J, I and K registered target unsecured corporate bonds where a bond prospectus is not issued. Separately, the Commission established that LLC "AMC SOLDIS" does not comply with the criteria for designation as a critically important enterprise under Cabinet of Ministers of Ukraine Resolution No. 76 of 27 January 2023, and approved a draft Law of Ukraine on ratifying the Declaration on the completion of negotiations on the internal regulation of services and improvements to Ukraine’s schedule of specific obligations in services.