Re-registration of LLC property in one click: The first sale and purchase of company shares in the NDU accounting system took place in Ukraine

The National Depository of Ukraine (NDU) has successfully completed the first transaction to amend the accounting system for shares in limited liability companies (LLCs). This important event became possible due to the implementation of a transaction between the participants of one of these companies, which confirms the effectiveness and reliability of the new system.

As part of this transaction, the NDU transferred the shares of LLC «CARDSERVICE» (EDRPOU 39551837) on accounts opened in its accounting system. The transaction was carried out on the basis of orders from the authorised depository institution LLC «UNIVER CAPITAL» (EDRPOU 33592899), which maintains accounts of the company’s shareholders.

«The implementation of share management in the NDU accounting system opens up a new segment of services that depository institutions can provide for clients, both for the LLCs themselves and for the owners of shares in them. Reliable storage, protection against raiding and «black notaries», convenience and speed of transactions with shares, payment of dividends, holding meetings of co-owners, etc. We at UNIVER are grateful to NSSMC and NDU for the implementation and development of the depository system of Ukraine», comments Taras Kozak, Founder and President of UNIVER Investment Group.

Ruslan Magomedov, NSSMC Chairman, emphasised: «This transaction is an important milestone in the development of the corporate rights market in Ukraine, as it ensures transparency and security of transactions with company shares. It is fast and reliable».

Oleksii Tarasenko, Member of the Management Board of PJSC NDU, added: «This first step is the result of a lot of work and preparation. We will continue to improve our services to meet the highest standards and the needs of our clients in today’s environment».

NDU plans to continue to innovate and raise its service standards to meet the needs of the market and contribute to its further development.