Cost of shares of Holcim (Azerbaycan), the largest manufacturer of construction of cement in Azerbaijan increased by investors in October by about 14 %. Today per share companies offer 55.3 manat manat instead of 48.3 in September.
Information portal "Marja" reports that the minority shareholders of JSC Holcim (Azerbaycan) received offers to buy up shares at 10,300 instead of 9,000 bn in September. One pack consists of 186 shares of stock. According to estimates Turan, according the company balance sheet , at the beginning of 2013 for one share with a nominal value of 20 manat stood share capital in the amount of 143 manats. In the previous year the figure was 119 manats. Thus, the real cost of a minimum lot of minority shareholders was approximately 26.6 million manat. Some shareholders are hoping that sometime in the shareholding they will be able to buy an apartment in Garadagh district , where there are of Holcim (Azerbaycan).
Note that as an active purchaser of shares of Holcim (Azerbaycan) is LLC Azer Invest Company. By the beginning of this year the company owned 1.2 % of the cement plant.
According to BSE, in August of this year, 15 transactions for the sale of shares of Holcim (Azerbaycan) totaled 139,362 manat. This represents approximately 42 % of the secondary sales of shares on the stock exchange in August.
A total of 1998 were produced 1,590,644 units of shares. Through the investment of the competition Holcim Group ( Switzerland) acquired 85 % of shares of Holcim (Azerbaycan).
At present, the company owns 1,049,874 shares or 66.0% of its shares. Its subsidiary, Holcim Auslandbeteiligungs GmbH, owned 3.62 % of the shares. The shareholders are the European Bank for Reconstruction and Development and the state-run Azerbaijan Investment Company (10 % stake). The shareholders also include about 700 minority shareholders. By the beginning of the year the minority shareholders (including the Company "Azer Invest Kompani") controlled 165,168 shares or 10.38 % of the shares.
In 2012, sales of Holcim (Azerbaycan) amounted to 156.7 million manat. At the balance sheet profit of 89.3 mln, net profit of the company amounted to as much as in 2011 - more than 38 million manat. Issuance of shareholders dividends have been suspended since the second quarter of 2009. It is expected that by 2016 the Company fully settle with creditors on investment for its modernization and begin to provide the shareholders dividends. - 08B-
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