CITYBANK Fresh Ordinary shares allotted to IFC - Share market analysis of dhaka stock exchange, Bangladesh

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04 October, 2017 12:23 PM Source: Dhaka Stock Exchange

With reference to BSEC's consent for issuing of 46,094,633 fresh ordinary shares of Tk. 10.00 each (offer price of Tk. 28.30 including a premium of Tk. 18.30 per share) to International Finance Corporation (IFC), the Company has further informed that IFC has already subscribed the required amount of Tk. 1,304,478,113.90 only to the Bank and they have already allotted the said number of shares of the City Bank Limited to IFC. The Company has further informed that with the issuance of 46,094,633 fresh ordinary shares of the bank to IFC, the City Bank Limited's issued Paid up capital has increased to Tk. 9,218,926,640.00 from Tk. 8,757,980,310.00 and share premium amount has increased to Tk. 1,504,388,796.90 from Tk. 660,857,013.00.


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