JSC Bank Technique (former Texnika Bank) starts from today to accommodate 15,245 ordinary registered non-documentary shares of 1,000 AZN - said the BSE.
Issue of shares included in the quotation list of the exchange. According to the prospectus, placement will be held by the mass demand.
Underwriter of the stock brokerage company acts Ltd. Texnika Capital Management - one of the two subsidiaries of JSC "Bank Technique".
Previous issue 4008 shares with a total nominal value of AZN 4,008,000, incorporated in April 2012, has been canceled by the court.
In the prospectus of the bank it is noted that the shareholders of Bank Technique are two legal entities (Beaford Investissements, Luxembourg - 75% and Kazimir Caspian Fund Limited, Cayman, United Kingdom - 10%) and three local individuals (Alihuseyn Asgerov , Habil Djavadov and Kamran Ahundov - 15%).
In the past year Texnika Bank went through hard times, then changed not only the name (since September the bank is called Bank Technique), which it bore from 1998, but the two major shareholders - LLC World Wines and Etibar Aliyev (former Chairman of the Supervisory Board), which owned 75% and 15%, respectively.
In 2014, JSC Bank Technique will celebrate its 20th anniversary. The authorized capital is 64,755,000 manats. - 15B -
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