Redistribution in Magticom: Gia Jokhtaberidze Grows His Stake

Stakes of Magticom beneficiary owners have been redistributed. As reported, the company had applied to the Georgian National Communications Commission (GNCC) for buying the stake of beneficiary owners.

The GNCC passed due consent. Under the changes, Gia Jokhtaberidze has increased his stake in the company, while the stakes of other owners have decreased, including Irakli Rukhadze. Only Edward Spencer has maintained his stake unchanged (15%).

Gia Jokhtaberidze’s stake has increased by 21% and currently, his total stake in the company accounts for 75%. The ratio of Irakli and Natalia Rukhadzes has decreased from 9.3% to 3%. After redistribution, the stakeholders’ structure in Magticom is as follows: Gia Jokhtaberidze - 75 %, Edward Spencer Churchill - 15%, Benjamin Albert Manzon - 1.4%, Igor Alekseev - 0.7%, Irakli Rukhadze, and Natalia Rukhadze - 3%, Natela Sakhokia - 3%, Vladislav Alekseev - 1.2%, Viktoria Alekseeva - 0.7% Currently, Magticom is owned by International TelCell Cellular LLC (51%) and TelCell Wireless Company LLC (49%).

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With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
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Economy

Redistribution in Magticom: Gia Jokhtaberidze Grows His Stake

Stakes of Magticom beneficiary owners have been redistributed. As reported, the company had applied to the Georgian National Communications Commission (GNCC) for buying the stake of beneficiary owners.

Last 7 Days Hot Topic

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Redistribution in Magticom: Gia Jokhtaberidze Grows His Stake

Stakes of Magticom beneficiary owners have been redistributed. As reported, the company had applied to the Georgian National Communications Commission (GNCC) for buying the stake of beneficiary owners.

Last 7 Days Hot Topic

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 04

Georgia Sees Surge in Electric Vehicle Registrations 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
04

Georgia Sees Surge in Electric Vehicle Registrations
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06