"Falls off" the increase in share capital of Aspis Bank

With only concerned the Postal Savings Bank, the Aspis Bank enters the final stretch to increase its share capital, which is EUR 76.8 million.

After freezing months, procedures are promoted, especially after yesterday's fixing the price of the planned increase, calculated at 0.60 euros per share, equal to the nominal share value. Yesterday, the Board of Aspis Bank met and decided to fix the price of 128 million shares will be issued as part of the increase.
The next step is the imminent adoption of the principles of the prospectus for the capital increase, submitted by Aspis Bank for some time and entry procedures, so that by the end of April to complete the capital increase and has now Aspis the necessary regulatory capital and a new shareholder, the position of Commercial Value, which according to all indications will be the TT, which if acquired 32.9% of the Bank will pay amounts approximately 38 million.

SHARE CAPITAL
According to yesterday's announcement of Aspis Bank, the share capital of 76,876,864.80 euros, will be paid in cash and issue 128,128,108 new shares. After this increase, and if it fully subscribed, the company's share capital will amount to EUR 115,315,297.20, divided into 192,192,162 shares, par value sixty minutes (0.60 euros) each. Based on that decided price of new shares, total gross to raise funds, if the increase fully subscribed, is expected to rise in the amount of 76,876,864.80 euros.