News

1.

Issuer’s name

 “ARMENIAN ECONOMY DEVELOPMENT BANK”OPEN JOINT STOCK COMPANY

2.

The class, volume of securities offered(issued)

51,415 common share(equity security) each with a nominal value of AMD 10,400 (at the market price of AMD 19,450),the total volume of securities(at the nominal value) AMD 534,716,000, the total volume of securities(at the market value) AMD 1,000,021,750

3.

Period of public offering

26/07/2022  09:00-30/12/2022  16:00

(taking into account the fact of distribution of the entire volume of shares as of 29.11.2022 the process of subscription of shares has been completed prior to the set period on 29.11.2022)

4.

The class, volume of placed securities

51,415 common share(equity security) each with a nominal value of AMD 10,400 (at the market price of AMD 19,450),the total volume of securities distributed (at the nominal value) AMD 534,716,000, the total volume of securities placed (at the market value) AMD 1,000,021,750