Azerbaijan, Baku, Dec. 30/ Trend , U. Sadigova/ The State Committee for Securities registered the issue prospectus of ordinary registered book-entry stocks of "Nishan Sighorta" OJSC.
The volume of the issue is - 200 000 AZN, face value per stock - 50 AZN. According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.
AzerInterTrade LLC will be the underwriter of placement of stocks.
Those intending to purchase stocks can apply to an organization being the member of "Baku Stock Exchange" CJSC and having a brokerage license.
Authorized capital stock of Nishan Sigorta insurance company has increased to AZN 1mln from the previous AZN 800,000.
According to requirements of the Ministry of Finance of Azerbaijan, minimum rate of the authorized capital of insurance companies must total AZN 1mln and AZN 2mln - for new companies.
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