PRIME-TASS. An extraordinary meeting held by the shareholders of Petrozavodsk-based bank Onego gave the green light to the decision to issue additional shares for Rub 57.49, the bank said in a statement.
The plan is to increase the lending institution’s charter capital by floating 574,951 shares with Rub 100.00 par value each. The stocks are to be placed at par, i.e. Rub 100.00 per share. So, the lenders charter capital will surge 70% from Rub 82.2 mln to Rub 139.69 mln.
The additional shares will be floated via closed subscription among the banks shareholders. In the process, each shareholder may buy the additional shares in proportion to the number of the banks common shares held. Potential buyers are 44 shareholders of the bank.
The lending institutions major shareholders are the Republic of Karelia represented by the republican ministry of natural resources (86.96%), administrations of some cities of the republic (4.92%) and Lion Investbank Corporation (1.83%).