Bank Saint Petersburg announces completion of the open subscription
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN
Bank Saint Petersburg announces completion of the open subscription for the issue of new ordinary shares of the Bank.
Total size of the offering, which includes shares subscribed via regulatory pre-emptive rights and shares subscribed via open subscription, equals to 73.6 million newly issued shares. As a result of the Offering the Bank will raise RUB 3.02 billion of new Tier 1 capital.
Renaissance Capital acted as Adviser and Bookrunner for the Offering.