Shareholders of Alliance Bank have made a regular decision to increase the authorized capital by 51.3%, or UAH 234.356 million – up to UAH 691.636 million, according to the information disclosure system of the National Commission for Securities and Stock Market.
It is specified that such decision was made at the remote general meeting of shareholders of the financial institution on April 29.
Additional capitalization is planned to be carried out at the expense of the issue of 8.2 million common registered shares, which will be held without attracting an underwriter.
This is not the first attempt of the bank to increase its authorized capital. As reported, the shareholders made such a decision at the meeting on December 21 last year, but then abandoned it at the end of March 2024.
Before that, Alliance Bank made a similar decision to increase the authorized capital to UAH 689.367 mln at the end of June 2023, which was then canceled in October.
Alliance Bank was founded in 1992. In terms of total assets as of March 1, 2024 (UAH 12.87 billion), it ranked 24th among 63 Ukrainian banks. Its net profit for last year amounted to UAH 0.09 billion.
The shares of the financial institution at the beginning of this year were owned by Alexander Sosis – 89.289006%, Pavlo Scherban – 3.994938%, Marina Getmantseva – 1.706025%, as well as indirectly through the venture capital CIF “Avanpost” Dmitry Melnyk – 3.793525% and Vladimir Bychnik – 1.364910%.
