State registration was awarded to the securities additionally issued by JSB Orgresbank

20.02.2007

State registration was awarded to the securities additionally issued by JSB Orgresbank

On February 16, 2007 JSB Orgresbank’s additional issue of securities was registered by the Central Bank of Russia. The amount of the placed shares was 7,296 pieces with nominal value of 10,000 rubles each. The way of placing shares was closed subscription in the favour of the European Bank of Reconstruction and Development. The EBRD Board of Directors decided on purchase of 12,5% of JSB Orgresbank shares for 43.7 million USD.

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