The shares of Bank BTB for a total of 3.125 million manat were posted on Wednesday at the Baku Stock Exchange.
Issue of 36.4 thsd ordinary documentary registered shares of 1,000 AZN passed state registration in May. According to the exchange, all shares were sold in two transactions (two investors). The underwriting was provided by Unicapital.
By today they've placed 72.5 % (26.375 million manat) of the announced issue. According to the legislation an issue is held in the case of placing a half of it.
The paid charter capital of the bank operating since 2010 thus reached 36.965 million manat.
The main shareholder of the bank (75 % equity) is Mehdiyeva Nigar Ismayil Gyzy (on unofficial estimates - th daughter-in-law of the Presidential Administration Head Ramiz Mehdiyev). The remaining shares are divided between two individuals. - 15B -
Economics
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