RELEASE•
ABH Holdings S.A. (ABHH) and Karswell Limited (Karswell) have terminated the remaining agreements related to the purchase of Sense Bank by the European investor. Karswell was selected by ABHH for its impeccable business reputation and substantial financial resources.
RELEASE•
Further to our press release of 3rd May 2023, the Directors of ABH Holdings S.A. ("ABHH") are of the opinion that it is no longer feasible to simultaneously conduct business in Russia and Europe and that we, as a European company, would benefit from reducing our exposure to the Russian assets.
RELEASE•
ABH Holdings S.A. (ABHH) believes that the new criminal charges against one of the ABHH minority shareholders announced yesterday are yet another step of political campaign by the Ukrainian authorities to coverup the illegal expropriation of Sense Bank, the asset properly belonging to ABHH.
RELEASE•
ABH Holdings S.A. (“ABHH” or “Holding”) denies allegations in connection with the information published on the National Police of Ukraine official website containing egregiously false allegations against the Holding’s minority shareholder Mikhail Fridman, accused of organising a criminal tax evasion scheme via Sense Bank.
RELEASE•
On 3 August 2023, ABH Holdings S.A. addressed Mr. David O’Sullivan, EU Sanctions Envoy with the Directorate‑General for Financial Stability, Financial Services and Capital Markets Union of the European Commission, as well as other high officers of the EU.