Shares "Nikoil Bank" for a total of 120,000 manat posted on Wednesday at the Baku Stock Exchange.
Issue of 6 million ordinary registered uncertificated shares of nominal value of AZN 2 passed state registration in August of this year. According to the exchange, all shares were sold in a single transaction (one investor). Underwriting was provided by Chelsi Kapital LLC. By today they have placed 43.6 % (5.234 million manat) 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 OJSC Nikoil Bank thus stood at 27.734 million manat. - 15B -
Economics
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