Bank Sankt-Petersburg OAO Announces Further Details on Additional Share Placement-Interfax

Wednesday, 21 Aug 2013 03:58am EDT 

Interfax reported that Bank Sankt-Petersburg OAO could raise RUB 4.51 billion with a planned share issue. The Bank said in a statement that its supervisory board has set a placement price of RUB 41 per new ordinary share. The Bank has said it plans to issue 110 million new shares, part value RUB 1 each. 

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