Bank Globex will issue additional shares for a total of Rub 10 bln, and the shares will be bought by its parent company, Vnesheconombank (VEB), the bank said in official documents.
As Bank Globex specified in a press release, 147.1 mln common registered non-documentary shares of Rub 50 par value each will be issued, while the placement price will be Rub 68 apiece.
The shares issued under entry 10101942В003D will be floated via closed subscription, no repayment date was set.
To remind, VEB has been rehabilitating Svyaz-Bank's Bank Globex since 2008. The latest shares are intended to be given from VEB to the Deposit Insurance Agency (DIA) as part of Vnesheconombank's rehabilitation plan.