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VTB boosts share capital by floating shares

      RBC, 19.11.2009, St. Petersburg 11:30:08.VTB North-West has placed the additional share issue worth $293.255m in full. According to the lending institution, the additional issue was placed by public subscription in favor of the bank's only shareholder - VTB. Taking this into consideration, VTB North-West's share capital increased 23.2 percent to $1.554bn.

      The bank placed 293,255,132 common shares with a par value of RUB 1 (approx. USD 0.03), and the offering price stood at RUB 20.46 (approx. USD 0.71) per share.

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