Bank Of Baku

Ata Sigorta increases authorized capital

Ata Sigorta increases authorized capital
# 25 November 2014 10:34 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. On December 8, an auction on placement of ordinary, book-entry shares of Ata Sigorta will be held at Baku Stock Exchange.

 

BSE says eh face value is AZN 25, quantity – 184,000 and the volume of the issue – AZN 4.6 mln.

 

Underwriter is Brokdil-AZ LLC.  

 

Current authorized capital makes AZN 10 mln.

 

After placement, the authorized capital will increase 45% to AZN 14.5 mln.

 

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THE OPERATION IS BEING PERFORMED