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 -

 

Leave a review

Economics

Follow us on social networks

News Line