Insider trading on the shares of Unibank KB was held at 6.98% above the nominal
In the course of the trading session on the BSE deal was concluded by 12.7% (3,021,680 shares) shares of common stock of Unibank KB. An unknown investor bought shares at 6.98% above the nominal value (2.72 manat).
The Baku Stock Exchange announced today the results of the trading session on July 25. According to this information, with a starting value of shares 8,218,970 deal amounted to AZN 793,088.80 8.
Broker Seller - LLC Chelsea Capital has announced the sale of shares a month ago. This is the first such case since the functioning of the stock exchange in Azerbaijan since 2001. Name the sell side was not disclosed. Under the law, a transaction made owner of 10% or higher, which is considered an insider, should be made public by the issuer of the BSE. However, the rules in force from 14 December 2012, are not respected.
The authorized capital of Unibank KB is 64 565,2 thousand manats. Total placed 20,796,000 common and 2,941,200 preferred shares. Owners of common stock are 2 businesses and 11 individuals and preferred shares are owned by a single legal entity. Eldar Garibov (Chairman of the Supervisory Board) owns 50.8%, a member of the Supervisory Board Igor Yakovenko - 17.53%, the European Bank for Reconstruction and Development - 13.27% of shares. It is assumed that the Bank has sold most of its shares.
OJSC Unibank KB placed preferred shares at par value of more than 3 million AZN in April 2013. - 08B-
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- Economics
- 26 July 2013 15:28
Economics
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