KIEV, May 10 – Austria's EPIC has transferred UAH 10.5751 billion to Ukraine's State Property Fund as payment for a 92.79% stake in telecoms giant OJSC Ukrtelecom, sold at a tender, the SPF said in a statement on Tuesday.

The SPF said that the first tranche worth UAH 4.2375 billion was transferred by the buyer on April 8, 2011, and the tender deposit worth UAH 1.05 billion was paid prior to the tender.