Court enabled stock of FC "Dynamo"

Pechersky district court of Kiev halted arrest of 98,71% stock of the Company "Football club Dynamo (Kiev)". The judge of Pechersky court Inna Ostash pronounced such decision on Wednesday.

This determination can be appealed in the Appeal court of Kiev during 15 days.

Several tens of "Dynamo" fans blew the horns under the court, greeting the verdict.

As reported before, Pechersky district court of Kiev attached the holding of stock of football club "Dynamo" (Kiev) at the suit of international company of Pacific International Sport Clubs Limited (PISCL).

PISCL appealed to the court on February, 18, declaring about violation of the right in connection with the sale more than 98% stock of FC "Dynamo" to the third persons. Representative of PISCL Helen Terletskaya drew court’s attention to rude neglect of company's priority right as a shareholder to obtain stock of FC "Dynamo" according to procedure of stock sale in the closed joint-stock companies which a club is.

It was said in court decision, that disposition of stock had been exercised with violation of legislation and without the knowledge of declarant, owning 0, 1% of stock of FC "Dynamo".

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