According to a statement released by Midclear, Cedrus Invest Bank increased its capital on 21/06/2017 through the issuance of new nominal ordinary shares.
The bank increased its capital from LBP 319,032,834,975 ($211.63M) to LBP 337,913,260,650 ($224.15M) through the issuance of 16,983 nominal ordinary shares with a nominal value per share of LBP 1,111,725 ($737.46/share).
Cedrus Invest’s ordinary shares totaled 303,954 shares and are traded over the counter.
Characteristics of Cedrus Bank S.A.L Capital Increase | |
Increase in capital | $12.52M |
Number of nominal shares issued | 16,983 |
Price/share | $737.46 |
Capital after issuance | $224.15M |
Midclear execution date | 21/06/2017 |
Source: Midclear