Turanbank Posted 11.41% of Announced Issue of Shares

Shares of Turanbank for a total of 1.141 million manat were posted at the Baku Stock Exchange on these days.

Issue of 9,243 thousand ordinary registered non-certificated shares of nominal value of AZN 1,082 passed state registration in early March of this year. According to the exchange, all shares were sold in five transactions (five investors).

Underwriting services were provided by Chelsea Capital. On today placed 11.41% (1.141 million manat) announced issue. According to the legislation issue is held in the case of placing her half. Paid charter capital thus reached 31.141 million manat.

The shareholders of this bank acting since 1992 are 21 physical and 5 legal entities. - 15B -

 

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