BAVL AGM To Vote On Additional Share Issue

At their AGM on April 23 Raiffeisen Bank Aval shareholder’s are scheduled to vote on a USD 19.8 mln additional share issue. The bank plans to issue 1 bln new shares and bring its total share capital to USD 45.6 mln.  Subscription will be held July 3 through August 31. The subscription price is also scheduled to be approved at the April AGM.