AFB Bank increases authorized capital

AFB Bank increases authorized capital
# 17 September 2014 13:27 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. Baku. Parviz Nuriyev – APA-Economics. AFB Bank starts placement of ordinary, book-entry shares at Baku Stock Exchange.

BSE told APA-Economic that the face value is AZN 1,265, quantity – 8,445 and the volume of the issue – AZN 10,682,925.

Underwriter is Technica capital Management.

After placement, the authorized capital will increase by 20.41% to AZN 63,029,945. The placement will start from September 22.

Parameters of issue:

State registration number

AZ1005008599

Volume of the issue

10,682,925 AZN

Quantity

8,445 ədəd

Face value

1,265 AZN

Underwriter

« Technica Capital Management » LLC

Expiration date of right of priority

Not considered

Expiration date of placing

05.08.2015

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THE OPERATION IS BEING PERFORMED