AGBank Placed 20% of the Announced Issue of Shares
Shares of AGBank in the total amount of AZN 1 million were available at the end of last week at the Baku Stock Exchange.
The issue of 2.5 million ordinary non-documentary registered shares of nominal value of AZN 2 passed state registration in July. According to the Exchange, all the shares were sold in a single transaction. The underwriting services were provided by Caspian Financial LLC. 20% of the announced issue has been posted.
The paid-up share capital of the bank, thus, amounted to 21 million manat. The shareholders are 22 businesses and 51 individuals. - 15B -
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- Social
- 7 September 2012 12:44
Economics
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On December 10, President Ilham Aliyev of Azerbaijan has signed a decree amending the 2014 presidential order on the management of the Shah Deniz Phase 2 gas-condensate field and Southern Gas Corridor (SGC) projects, granting the State Oil Company of Azerbaijan (SOCAR) expanded control to ensure financial consolidation.
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