Sberbank Became the Main Owner of the Concept Club Clothing Network
OREANDA-NEWS Since October 15, control over the Cyprus Rangecroft Limited, which owns retail chains Concept Club and Acoola, received Sberbank (51%), follows from the data of the Cyprus registry. Owned by Vladimir Yevtushenkov, Sistema reduced its share, as of January 26, 2017, it owned a controlling stake of 63.28%, now it has decreased to 42.88%.
In "System" have confirmed information about change of structure of shareholders. The shares of the owners have changed in the settlement of accounts payable, said the representative of the Corporation Sergey Kopytov.
"Corporations are pleased that the number of shareholders became such a strong technology partner like Sberbank", — he said.
Another shareholder is the co-founder of Concept Group (owns the above-mentioned networks) Lars Petterson through registered in the British Virgin Islands White Park Holdings Ltd, it has reduced its share by half-from 12.5 to 6.12%. The company of the second co-founder, Leonid Hanik, Lenox International Holdings Ltd, which owned 24.22%, completely withdrew from the capital.
In 2016, the North-West Bank of Russian Sberbank opened a revolving credit line with a limit of RUB 1.7 billion for three years to the Concept Group of companies. In the beginning of year the savings Bank has submitted to "the Concept group" claim "about collecting of the sums under the loan agreement, the credit agreement". A defendant in the suit was also made by Leonid Mechanics.
the founder of Concept Group Leonid Hanik in May-June of this year filed three lawsuits in the Arbitration court of St. Petersburg and Leningrad region against the co-owners and top managers of the company. One of them, for 285 million rubles, was filed against the General Director of LLC "Concept group" Emin Rustamov due to the fact that, according to the co-founder of the company, during the management of Rustamov, she suffered losses in the form of debt, which was formed due to non-fulfillment of credit obligations to Sberbank. The court and the appellate instance left the claim without consideration. Other claims of Hanik were to declare illegal the decision of a member of the Board of Directors to convene and hold a meeting on May 15, 2018 and to demand documents — the first claim was rejected by the court, the second claim was denied completely.