Shares of Credo Bank for a total amount of 700 000 manats posted on Thursday, on the BSE.
Emission of three thousand ordinary shares of par value of 10 thousand manats passed state registration in October 2012. According to the Exchange, all the shares were sold in two transactions (two investors). Underwriting services were provided by Chelsea Capital Ltd. Today they have posted 37.7% (11.3 million manat) of the announced issue. According to the legislation, an issue is held in case of placing half of it.
Paid-up share capital of the bank, thus, reached 31.84 million manat. CredoBank shareholders are 11 individuals and two entities. - 15B -
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