YEREVAN, October 5. /ARKA/. Artsakh HEK CJSC said Wednesday it intended to issue inscribed stocks worth AMD 3.67 billion soon.

 

Each stock costs AMD 1,110 drams. The stocks will be distributed to the company’s shareholders who enjoy the prior right for buying them. The stocks remaining after this distribution will be placed via free subscription over a period between October 4 and 24.

 

“We are convinced that the placement will be unprecedented,” Nagorno-Karabakh Republic Prime Minister Ara Harutyunyan said Wednesday at the presentation of this issue. “The placement is expected to exceed $10 million.”