OJSC “TuranBank” shares placement

OJSC “TuranBank” shares placement
# 07 March 2011 08:41 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. OJSC “TuranBank” applied to CJSC “Baku Stock Exchange” (BSE) for inclusion of its ordinary registered book-entry shares to the non-quotation list of BSE. The start of the OJSC ”TuranBank”s shares placement is planned to be held beginning from March 09, 2011.

Parameters of the issue:

State registration number AZ100100554P
Issue volume AZN 2 000 000
Quantity of shares 2 000
Par value AZN 1 000
Underwriter «Chelsea Capital» LLC

Remind that, Turanbank has been in operation sicne 1992.
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THE OPERATION IS BEING PERFORMED