Shares of JSC Qafqaz Inkishaf Banki totaling 1.5 million manat were posted on the BSE.
Issue of 40 million ordinary registered non-documentary shares of 1 manat passed state registration in December last year. According to the exchange, all shares were sold in three transactions (three investors).
Underwriting services were provided by Ltd. Chelsea Capital. Today they have placed 99.25 % (39.7 million manat) of the announced issue. Paid charter capital thus reached 54.5 million manat.
The shareholders are one legal person and 12 individuals. It is noteworthy that the number of shareholders of the bank previously was ten, and with the arrival of three new shareholders the share of the bank's major shareholder and chairman of the Supervisory Board Eldar Ismailov fell from 57.3% to 45.9 %. - 15B-
Economics
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