Azer-turk Bank increases authorized capital

Azer-turk Bank increases authorized capital
# 20 October 2014 11:08 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. State Committee for Securities has registered issuance of ordinary, book-entry shares of Azer-turk Bank OJSC with the face value of AZN 1, quantity – 36,552,682.

The placement will be held in public offering.

After placement, the authorized capital will increase by 3.72 times to AZN 50,000,342.

Current authorized capital makes ANZ 13,447,660.

Parameters of issue:

State registration number

AZ1003004426

Volume of the issue

36,552,682 AZN

Quantity

36,552,682

Face value

1 AZN

Underwriter

“Invest-Az” LLC

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THE OPERATION IS BEING PERFORMED