I honestly never knew this!

[Johanes de Silentio]

Not a great source, I know, but BBC Radio Scotland yesterday stated (about 2.30) that Ukio Bankas is not solely owned by Vlad, but by a committee, not all of whom are as crazy about financing Hearts as Vlad is - hence the reason for resources being allocated elsewhere other than Gorgie.

 

I must be very dim indeed - I thought Vlad had sole control of Ukio Bankas.

 

Slightly worrying?

[Gibbo]

Ukios Bankas is quoted on the Lithuanian Stock Exchange. VR is the largest shareholder in it but has less than half the shares: he owns 30 or 40%.

 

What much of the media miss is that the key company is UBIG, not Ukios Bankas. UBIG is a secretive and unquoted company. The offer document for the takeover of HMFC showed that VR controls 70% of it.

 

VR's HMFC shareholding is held through UBIG and the recent ?12m capital injection came from it

[BigC]

IIRC Vlad owns 29.9% of the shares in Ukio Bankas.

 

His Wife/Mum (can't remember which) and Rodney also have shares.

 

I can't remember if the family shares are included in the 29.9% or not.

[Johanes de Silentio]

Good knowledge, guys!

 

The main reason for my surprise at this (other than pure ignorance) is that I cannae imagine Vlad being an equal business partner with anyone - too single-minded, I woulda thought!

[rudi]

IIRC Vlad owns 29.9% of the shares in Ukio Bankas.

 

His Wife/Mum (can't remember which) and Rodney also have shares.

 

I can't remember if the family shares are included in the 29.9% or not.

 

Inbreeding,you heard it here first folks.