20.08.2008 10:01
Aug 20. Bank of Moscow has placed an additional stock offering and raised RUB 8.28 bn. In addition, 37% of additional shares were placed in a public offering. The bank floated a total of 7.35 mn shares with RUB 100 par value, the lender said in a press release. Shareholders bought out 4.60 mn shares in line with their right of first refusal at RUB 1,081 per share and 2.75 mn shares were placed via public offering at RUB 1,201 apiece. In all, the bank raised RUB 8.28 bn. In addition, the bank's current shareholder Moscow Insurance Company purchased 1.17 mn additional shares. Bank of Moscow floated 5.4% of its uplifted charter capital, which will rise to RUB 13.73 bn after the additional issue.
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