OREANDA-NEWS. ExpressBank OJSC begins sale of shares in the process of increasing its authorized capital.

The Baku Stock Exchange informs that the Bank’s shares were included in the BSE non-quotation list.

“Their sales will start since 13 February,” the BSE reported.

The State Securities Committee registered the next issue of Bank’s shares under number AZ1004005406. In accordance with it ExpessBank may increase its share capital by 14.3 million, by releasing 52,343 shares with par value of AZN 273.2. Placement underwriter is UniCapital.