Information for Kapital Bank’s shareholders
According to the decision of the Extraordinary General Meeting of Shareholders of Kapital Bank Open Joint Stock Company (hereinafter referred to as the Bank) dated November 17, 2022 (Minutes No. 02), in order to increase the Bank’s authorized capital during the current year, it was decided to issue 1,614,205 (one million six hundred fourteen thousand two hundred five) ordinary registered non-documentary shares with a total value of 19,999,999.95 (nineteen million nine hundred ninety-nine thousand nine hundred ninety-nine manats ninety-five gapik) manats.
Based on the decision taken, the issue of shares was registered with the Central Bank of the Republic of Azerbaijan, the subscription was carried out and completed within 10 (ten) days (December 16, 2022). The sale price of the shares is AZN 12.39 (twelve manats thirty-nine gapik).
The placement of shares will begin on December 22, 2022 and will be completed within 3 (three) business days (December 26, 2022 inclusive). During the first two working days, the applications of shareholders with a pre-emptive right to purchase additional shares will be executed.