Universalny Bank To More Than Double Charter Fund
30 January 2008
Universalny Bank, part of Universalna Group which includes Galnaftagaz (GLNG: HOLD) and Universalna Insurance (SKUN), has announced plans to increase its charter fund by USD 12.9 mln to USD 25 mln through an additional share issue at the bank’s AGM scheduled for March 15. The bank plans to issue 6.5 mln new shares at USD 1.9 per share.
