The national Commission registered the additional share issue PrivatBank 16 billion

The national Commission on securities and stock market (SCSSM) has registered the issue prospectus of shares of PJSC “PrivatBank”, according to a press release of the Ministry.

The decision adopted by the Commission during a meeting on December 22.

The press service of the regulator reports, the nominal amount of additional shares is 16,065 billion.

As reported, in December 2016 the government on the proposal of the national Bank and the shareholders of PrivatBank, the largest of which at that time was Igor Kolomoisky and Gennady Bogolyubov, took the decision to nationalize this largest market of the country of the financial institution. The state received 100% of its capital Privat capital was increased by the amount of 116.8 billion.

In the framework of the nationalization of the obligations of the Bank to related persons subject to the procedure of bail-in and were exchanged for shares of the additional issue of the financial institution.

Deputy head of the NBU Ekaterina Rozhkova 15 December 2017, reported that the amount of the next capital increase of PrivatBank may be determined in the current year after the completion of the valuation of its assets.