Bank Of Baku

“Azerdemiryolbank” OJSC shares placement starts

“Azerdemiryolbank” OJSC shares placement starts
# 20 July 2009 15:40 (UTC +04:00)
Starting from July 27 of 2009 placement of ordinary registered shares of “Azerdemiryolbank” OJSC will be started on BSE.
The volume of the issue is 10 000 000 AZN, face value per shares 0, 20 AZN. According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.
«ADB Broker» LLC will be the underwriter of placement of shares.
Those intending to purchase shares can apply to an organization being the member of “Baku Stock Exchange” CJSC and having a brokerage license.
The issue prospectus of shares of “Azerdemiryolbank” OJSC will be placed on the web-site of the Baku Stock Exchange (www.bfb.az) at “Issuers” section.
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THE OPERATION IS BEING PERFORMED