Shares of Zaminbank totaling AZN 4 million were posted on Tuesday, at the Baku Stock Exchange.
Emission of 50 thousand ordinary registered non-documentary shares of AZN 200 was registered by the middle of September. According to the Exchange, all the shares were sold in a single transaction (one investor).
Underwriting services were provided by LLC Texnika Capital Management. Today they have posted 75% (7.5 million manat) of the announced issue. According to the legislation, an issue is held in case of placing half of it.
The paid-up share capital of the bank, thus, reached 28.222 million manat. The main shareholder of Zaminbank-and is the chairman of the Supervisory Board of Nadir Ismayilov (98.54%). - 15D -
Economics
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