Cedrus Bank S.A.L Increased its Capital to $17.91M

Following the general assembly’s approval on the 4th of November, Cedrus Bank S.A.L increased its capital by $9.95M to $17.91M by issuing 1.5M nominal shares with a value of $6.63/share. These shares were executed at Midclear on the 29th of December, 2015, sending the number of non-listed common shares to 2.70M.  

Increase in Capital $9.95M
Number of Nominal Shares Issued1.5M
Capital After Issuance$17.91M
Midclear Execution Date29/12/2015

Source: Midclear

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