Shares of Ganjabank for a total of 2,925,000 manats 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 two transactions (the two investors). The underwriting services were provided by Unicapital.
By now they have placed 57% (19,925.000 AZN) of the announced issue. According to the legislation, an issue is held in the case of placing a half of it.
Paid-in share capital of the bank, thus, reached 34,925,000 manats. The shareholders are Ganjabank-and four individuals, one of whom owns 58.5% of the equity. - 15D -
Economics
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