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 Issued||1.5M|
|Capital After Issuance||$17.91M|
|Midclear Execution Date||29/12/2015|