Thames Insurance Group increases authorized capital

Thames Insurance Group increases authorized capital
# 13 April 2012 13:13 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered emission prospectus of ordinary, book-entry shares of Thames Insurance Group.

Baku Stock Exchange says face value of shares is AZN 20, quantity – 250,000 and the volume of the issue – AZN 5 mln. Underwriter is Chelsea Capital LLC. After placement, the authorized capital will increase by 6 times to AZN 6 mln.

Note that, Thames Insurance Group has been in operation since 1996.
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THE OPERATION IS BEING PERFORMED