NDC Dramatically Slowed Registration of Additional Issue of Shares

The National Depository Center (NDC) registered 34 million 474.19 thousand AZN in January and February transactions on the additional issue of shares (decrease of 8.5 times in comparison with March 1 last year).

According to NDC, during this period it registered 18 transactions of issuers, including in February - 8 deals totaling 2 million 575.6 thousand manat. During the reporting period the NDC signed six agreements with issuers of securities, including 4 contracts in February.

In January-February 2015, the center held 912 registration of stock exchange transactions with a nominal value equal to 446 million 781.4 thousand manat, including 438 transactions of 145 million 30.89 thousand manat in February.

In addition, during the reporting period NDC registered 49 OTC transactions in securities with a par value of 2 million 892.87 thousand manat, including 29 deals of 1 million 917.86 thousand manat in February.

NDC was established in September 1997. In 1999, the center was transferred to the balance of the State Committee for Securities, in connection with which the center was reregistered in September of the same year.

The authorized capital of the center is 1.4 million manat. NDC provides services to nearly 1.2 thousand issuers.--17D-