Shares of Ganjabank for a total of 1.9 million manat were placed at Baku Stock Exchange.
Emission of 1.75 million ordinary registered non-documentary shares of 20 manats passed state registration in November 2012. According to the exchange, all shares were sold in a single transaction (one investor). The underwriting services were provided by Unicapital.
By today they have placed 87.2 % (30,525 million manat) of the announced issue. According to the legislation, an issue is held in the case of placing its half.
The paid-in share capital of the bank, thus, reached 45.525 million manat. The shareholders are Ganjabank and four individuals, one of whom owns 58.5% of the equity. -15B-
Economics
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