Published
06/18/2025, 10:09A transaction involving shares of OJSC Kyrgyzkommertsbank took place on the primary market of the Kyrgyz Stock Exchange—27,142 ordinary shares were sold in a single lot.
The price per share was 500 KGS, which brought the bank a total of 13 million 571 thousand KGS.
According to the bank's financial statements, at the end of the first quarter of 2025, its authorized capital was estimated at 1 billion KGS, equivalent to 2 million ordinary registered shares.
Meanwhile, on May 22 this year, at a general meeting of shareholders of Kyrgyzkommertsbank, a decision was made to expand the capital and increase the number of outstanding shares. In particular, 400,000 ordinary shares with a par value of 500 KGS will be issued, which will bring the bank a total of 200 million KGS. As a result, after the placement, the bank's authorized capital will increase to 1.2 billion KGS, and the total number of shares will reach 2.4 million.
We would like to add that the placement of shares is being carried out privately in two stages. The first stage was completed on June 15.
It provides for the conversion of part of the obligations on perpetual subordinated loans into 260,000 shares worth 130 million KGS, in accordance with the provisions of the Law “On Joint Stock Companies.”
The second stage started after June 15, 2025. Their placement will continue until the end of October.
