Parabank increases authorized capital

Parabank increases authorized capital
# 16 September 2014 09:55 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. Parabank starts placement of ordinary, book-entry shares at Baku Stock Exchange.

BSE told APA-Economics that the face value is AZN 200, quantity – 100,000 and the volume of the issue – AZN 20 mln.

The placement will be held in public offering.

Underwriter is Unicapital OJSC.

After placement, the authorized capital will increase by 2.2 times to AZN 29,266,400.

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THE OPERATION IS BEING PERFORMED