At an extraordinary meeting Tatfondbank shareholders gave the green light to the placement of additional shares worth Rub 3 bln, the lending institution's press service reported.
The bank's executives earlier came out with a proposal to upsize the charter capital by floating additional shares, and the board of directors approved the proposal on June 22, 2016.
Specifically, 300 mln of common registered non-documentary shares with par value of Rub 10.00 each are planned for placement via open subscription. The timeframe of placement and payment, and also the procedure for signing relevant agreements in the course of placement will be determined in a decision on the additional share issue.
The additional share issue will upsize the bank's charter capital from Rub 14.4 bln to Rub 17.4 bln.