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Nadra Bank to increase charter fund 10%

Nadra Bank to increase charter fund 10%

29 May 2008

Nadra Bank (NADR: N/R) shareholders approved a 10% charter fund increase to UAH 430.4 mln (USD 88.7 mln) via an additional share issue at their AGM on May 27. The bank will issue 4 mln shares at par, UAH 10 (USD 2.1) per share. Subscription will take place from July 17, 2008 to July 17, 2009.

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