Amrahbank announces additional issue

BAKU/30.10.13/TURAN : Commercial Bank OJSC Amrahbank increases share capital by 20 million or 100.8 %.

According to the BSE , the relevant prospectus for 200 thousand ordinary registered uncertificated shares of nominal value of AZN 100 was registered in the State Committee on Securities. Underwriter of the shares will be Ltd. Chelsea Capital.

Currently, the authorized capital of the bank is 19,844,000 manats. The main shareholder of Amrahbank is Chairman of the Supervisory Board Yunis Ildirimzadeh (56.5 % equity ) . - 15B -

 

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