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Tomorrow Starts Public Offering at Expressbank
OJSC Expressbank plans to start from August 28 this year, placing 31,479 ordinary registered non-documentary shares of AZN 273.20, the BSE said.
The issue of shares is included in the quotation list of the exchange. According to the prospectus, placement will be by the method of mass supply. Underwriting services will be provided by Unicapital LLC.
At full deployment of the new shares the authorized capital of the bank will increase by 10.9% to 87.41 million manat.
Shareholders are four legal entities, including LLC Adore (42% equity) and LLC Azenko Group (40%). - 15B -
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