Credit Bank of Moscow to offer up to 16.5 bln rubles in shares in SPO at 3.67 rubles per share
MOSCOW. Dec 17 (Interfax) - The supervisory board of Credit Bank of Moscow (CBM) has set the placement price for a public offering of new common shares at 3.67 rubles, the bank said in a statement.
The placement will begin on December 18. Shareholders have until December 24 to exercise preemptive right to buy the new shares and the shares will be offered to other shareholders until December 28.
Orders can be submitted through the Moscow Exchange starting from 10:00 a.m. until 12:00 p.m. Moscow time with settlement occurring in a continuous fashion each day during the Offering period. The shares are traded on the Moscow Exchange with the ticker - CBOM.
VTB Capital is acting as the Sole Global Coordinator of the Offering. VTB Capital, PJSC Rosbank and Aton Investment Company are Joint Bookrunners and Region Brokerage Co is Co-Lead Manager.
The same banks except for Rosbank organized CBM's IPO.
