ICC Bank has completed its rights issue, raising £14.8 million net of expenses. Some 14,979,496 shares were issued at a price of 100p each. The issue involved 15 new shares for every 22 shares held. The bank, which is listed on the Stock Market, is over 99.9 per cent-owned by the Government with just 48 individuals holding small numbers of shares. Some 435 shares not taken up by individual shareholders were sold on the market for 100p each.