A Group Increases Authorized Capital

The authorized capital of the insurance company A Group will grow by almost 10% to 8 million 5.75 thousand manat.

Yesterday the State Securities Committee (SSC) registered the next issue prospectus of its shares. Increase in the share capital will be carried out by converting the nominal value of the securities. In particular, the face value will increase from 943 AZN to 1,033 manat per security (a total of 7.75 thousand units).

JSC A Group with a registered capital of 7 million 308.25 thousand manat has been operating in the insurance market since 1996. The company provides services on 14 types of voluntary insurance .-- 17D-

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