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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Azerbaijani State Oil Fund intends to purchase Russian large bank’s shares

Posted on 30 April 2013

On April 26, 2013, the Supervisory Board of VTB Bank announced that it had resolved to attract new capital in amount of up to Rub 102.5bn through the issuance of 2.5 trillion new ordinary shares (”New Shares”) by way of an open subscription at a price of Rub 0.041 per Share (the “Offering”), VTB said.
The Bank of Russia has registered the decision on issue of the New Shares and the Russian prospectus on April 26, 2013………………………………………..Full Article: Source


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