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Ukrsotsbank to go ahead with 19% capital injection

Ukrsotsbank to go ahead with 19% capital injection

4 March 2009

Ukrsotsbank (USCB) shareholders, at their AGM yesterday, approved of plans to boost the bank’s charter fund by 18.7% to UAH 1.27 bln via an additional share issue. Subscription is set to run from April 13 to April 24 at UAH 0.1 per share. The proposed subscription price represents a 56% premium to the current market price.

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