OJSC AtaHolding began repayment of additional issue of shares worth 71.518 million manat today.
As stated in the press release of the Baku Stock Exchange (BSE), as a result of redemption of shares the authorized capital of the holding company will increase by 58,3% - up to 194.263 million manat. These additional emissions are included in the quotation list of BSE. According to them, the amount of securities is divided into 35,759,000 shares with a par value of AZN 2 each.
The underwriter of the accommodation is LLC Brokdil-Az. The term of the accommodation is 1 year.
AtaHolding with a current registered capital of 122 745 000 manat was established in 1993. AtaHolding shareholders are three entities - Hughson Management Inc (51%), Asbet Ltd. (25%) and Clonmel International (24%).
The holding includes 13 subsidiaries operating in the financial sector, industry, information technology, tourism, construction, energy, and food industry. --17D-
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