Kapitalbank issues additional shares for 38.0 billion soums
Tashkent, Uzbekistan (UzDaily.com) -- The Capital Market Development Agency has registered preferred shares of Kapitalbank for a total amount of 38.0 billion soums, the total number of shares is 40.0 million shares with a par value of 950 soums.
In accordance with Article 38 of the Charter of Kapitalbank, dividends on preferred shares are paid at the par value of shares at a rate of 5% (percent) per annum plus the refinancing rate of the Central Bank.
The shares will be sold by open subscription to the Uzbekistan Stock Exchange (UZSE).
Kapitalbank is included in category "B" of the stock exchange quotation list of the stock exchange. In 2019, transactions with bank shares worth more than 74.2 billion soums were made at the exchange auctions.