KIEV, June 16 - Cyprus-based Mantara Holding, which is under control of shareholders in PrivatBank Ihor Kolomoisky and Hennadiy Boholiubov, said it would appeal against the result of a tender to privatize a 76.001% stake in OJSC Luhanskteplovoz Holding, as the company was not allowed bidding in the tender.

"The company was barred from bidding in the tender at the last moment without official indication of clear reasons, which was made in purpose to deprive the company to appeal the tender before it was held. We have to file appeals when we'll manage to clear up the reasons of the ban," spokesman Vyacheslav Derishev told Interfax-Ukraine.