Bank BTB posted a 76.7% share of the latest issue
The shares of "Bank BTB" for a total of 6 million manat posted on Friday on BSE.
Issue of 36.4 million ordinary documentary registered shares of 1 AZN passed state registration in May. According to the exchange, all shares were sold in a single transaction (one investor). Underwriting services were provided by Unicapital.
On today placed 76.7% (20.24 million manat) announced issue. According to the legislation an issue is held in the case of placing a half of it.
Paid charter capital, operating since 2010, "Bank BTB" thus reached 33.84 million manat. The main shareholder of the bank (75% equity) is Mehdiyeva Nigar Ismayil Gyzy (on unofficial estimates daughter-in-law of the Presidential Administration's head Ramiz Mehdiyev). The remaining shares are divided between two individuals. - 15B -
Economics
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
-
Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
Leave a review