T-Bank to issue additional shares to convert Rosbank's shares

Vladimir Petenyov
News editor
press@blackterminal.com
T-Bank will place an additional share issue with a nominal volume of ₽3 billion, which corresponds to 300 million shares. T-Bank will convert 5.88 Rosbank shares into one T-Bank share, and T-Bank's authorized capital will increase by 44%. Additional issue is an internal corporate procedure and will not affect the number of shares of TCS Holding, whose securities are traded on the stock exchange.
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Source: interfax.ru
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