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Azerbaijani UniBank ups capital

Business Materials 11 December 2012 14:55 (UTC +04:00)

Azerbaijan, Baku, Dec.11 / Trend, J. Nasibova /

Placement of preference ordinary book entry shares of the Azerbaijani JSC Unibank to the sum of 5.040 million manat will start on Dec.11, Baku Stock Exchange (BSE) said on Tuesday.

Within the issue, 1,838,250 million shares with a par value of 2.72 manat each will be issued. The underwriter of the placement is JSC Uni Capital.

As a result of the placement of the issue prospectus, the company's authorised capital will be increased from 56.565 million manat up to 61.565 million manat.

The official exchange rate is 0.7849 manat to $1 on Dec.11.

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