November 28 (SeeNews) - Bosnia and Herzegovina's Union Banka [SAJ:UNIB] said on Monday that the securities commission of the Federation entity has registered its new share issue, through which the lender increased its equity capital by 30 million marka ($16.1 million/15.3 million euro).
Union Banka has successfully issued 1.5 million shares, each with a par value of 20 marka, it said in a statement with the Sarajevo Stock Exchange (SASE).
The bank sold the share issue, its fifth so far, in a closed offering, it added, without providing details about the investors.
Union Banka's issued share capital is divided into 3,454,921 shares of 20 marka in par value each, according to the latest SASE data.
Union Banka is 97%-owned by the finance ministry of the Federation, bourse data showed.
The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)