AGBank placed almost 89.6% of the announced issue of shares
Shares of AGBank for a total of 77 thousand manats were posted on Friday, at the Baku Stock Exchange.
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 two transactions (two investors). Underwriting service was provided by Caspian Financial LLC. Today they have posted 89.58% (4.479 million manat) of the announced issue.
The paid-up share capital of the bank, thus, reached 24.479 million manat. The shareholders are 22 businesses and 51 individuals. - 15B -
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