All news related to subscription

Armeconombank announces open subscription to 13th issue of its shares

13.06.2016 19:05

Armeconombank announces  open subscription to 13th issue of its shares

YEREVAN, June 13. /ARKA/. Armeconombank has announced today an open subscription on the 13th issue of its shares,  which are listed at NASDAQ OMX Armenia stock exchange ‘B’ platform. The Yerevan-based bank said the decision was prompted by the previous successful placement.
According to a bank’s press release,  the face value of the total issue is 856,165,000 drams,  while the market value is 5,000,003,600 drams.

The face  value of one share is 2,500 drams, the placement cost is 14,600  drams, the total number of ordinary shares is  342, 466 and the  planned placement period is from June 17 to  September 30.
The electronic version of the prospectus is available at Armeconombank’s website in the section " reports / prospectus.’

Views: 0

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armeconombank announces open subscription to 13th issue of its shares

Tags: , ,

Read more