Shares of Qafqaz Inkishaf Banki totaling AZN 6 mln were posted on the BSE. The issue of 40 million ordinary registered non-documentary shares of 1 manat passed state registration in December last year. According to the Exchange, all the shares were sold in two transactions (two investors).
Underwriting was provided by Chelsea Capital LLC. Today they have posted 37.5% (AZN 15 million) of the announced issue. According to the legislation, an issue is considered valid in case of placing half of it. The paid charter capital thus reached AZN 30 million.
The bank is owned by 1 legal entity and 12 individuals. It is noteworthy that the number of shareholders of the bank was ten, and with the arrival of three new shareholders the share the main shareholder of the bank and the chairman of its Supervisory Board Eldar Ismailov fell from 57.3% to 45.9%. -15B -
Economics
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