Squeeze-Out of Shares of AB DnB NORD Bankas Ended
OREANDA-NEWS. AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanaviciaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, (herinafter - the Bank) notifies, that the squeeze-out of shares of AB DnB NORD Bankas ended on 21 July 2009, reported the press-centre of DnB NORD Bankas.
During the squeeze-out the largest shareholder of the bank, Bank DnB NORD A/S, acquired 3,656 ordinary registered shares of AB DnB NORD Bankas and increased its number of shares and voting rights in the Bank up to 99.91 percent.
Acting in accordance with Part 11 of Article 37 of the Law on Securities of the Republic of Lithuania, Bank DnB NORD A/S has made a transfer of funds to the special deposit account in favor of shareholders who have failed to sell their shares, and on 22 July 2009 Bank DnB NORD A/S applied to the court asking to oblige the account managers to make records in securities accounts on transfer of ownership of the shares to Bank DnB NORD A/S from the shareholders who have failed to sell their shares during the implementation of squeeze-out.
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