OREANDA-NEWS. NOMOS-BANK has placed all of its additionally issued shares via a public offering on the Moscow Exchange. A total of 21,800,000 shares were placed at RUB875 per share. As a result, the bank raised RUB19.08bn through this SPO. Given excess demand for the shares being placed, priority in allocations was given to major long-term investors.

Gazprombank and Otkritie Capital acted as the arrangers.

Dmitry Romaev, President of NOMOS-BANK: “Proceeds from the offering will be used to support the growth objectives of NOMOS-BANK Group, among other things, to finance the acquisition of a controlling equity stake in Otkritie Bank, as well as to improve the Bank's flexibility by increasing its capital ratios, strengthening its competitive positioning, and allowing it to increase the financing limits for its major corporate clients”.