Shares of Ganjabank for a total of 410 thousand manats were posted on BSE last Friday.
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.
As for today they have placed 48.6% (AZN 17 million) of the announced issue. According to the legislation, an issue is held in the case of placing its half.
Paid-in share capital of the bank, thus, reached 32 million manat. The shareholders of Ganjabank are four individuals, one of whom owns 58.5% of the equity. - 15D -
Economics
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