Trustbank registered an additional issue of shares
An additional issue of common and preferred shares of Trustbank worth 1 trillion soums has been registered with the state.
Trustbank Registers Additional Share Issue
Tashkent, Uzbekistan (UzDaily.uz) —
On August 11, the state registration of an additional issue of common and preferred shares of Trustbank took place. The decision to increase the bank's authorized capital by 1 trillion soums was made at the annual general meeting of shareholders on May 22, according to Openinfo.
The authorized capital increase is planned to be implemented using the bank's equity capital at a 1:1 ratio. This means shareholders will receive one additional share for every share they already hold.
The date for compiling the shareholder register for the distribution of these additional shares will be set after the relevant decision is made by Trustbank's Supervisory Board.