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Finance 23/01/2013 Turonbank places shares for 6bn soums
Turonbank places shares for 6bn soums
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock commercial “Turonbank” will place additional emission of shares for total sum of 6.001 billion soums.

The Center for coordination and control over functioning of securities market registered a prospectus of emission of Turonbank.

According to the prospectus of emission, the bank will place 3.53 million shares with par value of 1,700 soums each. At the same time, 2.83 million of them are ordinary and 700,000 preferred stocks. Tooal sum of the issue is US$6.001 billion soums.

The bank said that the shares will be placed on open subscription. At the same time, at least 25% of the issue will be sold via Uzbekistan Stock Exchange “Tashkent”.

Shareholders, which were registered in shareholders registrar as of 7 December 2012, will have preliminary right to buy stocks within 45 days from the date of the emission registration.

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