30 April 2004 12:06
URALTRANSBANK UPS CHARTER CAPITAL 35%
YEKATERINBURG. April 29 (Interfax-Urals) - Shareholders of Uraltransbank in Yekaterinburg last week voted to raise
charter capital 34.7% to 252.4 million rubles with an additional share placement of 65 million rubles.
The bank told Interfax that it would issue 65 million common shares with par value of 1 ruble through private
subscription.
Potential buyers include the European Bank for Reconstruction and Development, which is to receive permission from
the Central Bank to become a Uraltransbank shareholder.
The shares will be sold at $0.128 for the EBRD and shareholders with preferential rights to acquire the additional
shares.
The EBRD board in March approved the purchase of 25% plus one voting share in Uraltransbank. EBRD materials put the
price of the deal at $8 million.
Uraltransbank has charter capital of 187.4 million rubles, split into 187.4 million common and 955 preferred shares
with par value of 1 ruble.
Shareholders with over 5% of the bank are Valery Zavodov, the chairman,with 34.67%, INKO financial group with 15.7%,
Fastan with 8%, Sverdlovsk Railway, a branch of Russian Railways, with 7.54%, Uralochka with 6.86%, and MFK-2002 with
5.34%.
Uraltransbank was ranked number 142 by asset volume in the Interfax- 100 list of Russia's banks. The list is
compiled by the Interfax Center for Economic Analysis.
[Interfax] |
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