KIEV, March 22 ??“ Pravex Bank, which is owned by Kiev Mayor Leonid Chernovetskiy, will increase its statutory capital by 68% to UAH 371.5 million, via an additional issue of shares.
The additional issue of simple nominal shares with the face value of UAH 1 each will be discussed at a general stockholders' meeting on May 7. The closed placing of the shares is scheduled for May 31-June 18, 2007.
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