RIA NOVOSTI. Bank of Khanty-Mansiysk has increased its equity position in Novosibirsk Municipal Bank (NMB) to 93.76% from 75.13% by buying the latter’s additional share issue, NMB said in a statement, RIA Novosti reports.
For the record, on August 12, 2011 Bank of Khanty-Mansiysk acquired an additional issue of NMB’s shares (4 mln shares) with a par value of Rub 100.00 each (the issue’s registration number is 10102786В007D). The transaction price is Rub 460 mln.
The deal was approved by Novosibirsk Municipal Bank’s extraordinary shareholders meeting, and a relevant decision was taken on December 8, 2010.
