The authorized capital of “FC Opening” is reduced to 1 rouble and shares terminated
The corporate relations Department of the RF Central Bank on Thursday registered a report on results of issue of ordinary and preference shares of the reorganized Bank “FC Opening”, which the authorized capital of the credit organization decreased to 1 ruble, follows from the materials of the regulator.
Securities placed by conversion of ordinary and preferred shares of FC “Opening” in shares with a lower nominal value. The number of preferred shares amounted to 12.1 million units, the ordinary shares of 208.3 million. Thus, released 220.4 million shares. The value of each — 1/220 421 642 ruble. Cease trading in the shares of the Bank “FC Opening”
Managing Director of the Bank “FC Opening” Alexander Dmitriev earlier Thursday reported that the reduction of share capital does not affect the operation of the Bank – it continues to operate normally.
On reorganization of the “Discovery” was announced on August 29. According to the new resolution mechanism of the Central Bank becomes the main owner of the Bank and subsequent sale to a private investor. According to the financial recovery plan, during the period of interim administration, the authorized capital of the Bank is provided in accordance with the amount of own funds, and if they are negative, the authorized capital down to 1 ruble.
The rights of existing shareholders “FC Opening” will be restored after the end of the interim administration, but their share in the Bank will not exceed 25%, was noted in the materials of the CBR. As reported by the Chairman of the Bank of Russia Vasily Pozdyshev, the amount of negative net assets (equity) for the group of “Opening” on November 1, 2017 reached 300 billion rubles.