OREANDA-NEWS. October 01, 2009. The joint-stock company "Latvijas Krajbanka" (hereinafter referred to as Krajbanka) informs that according to the decision "About the AS “Latvijas Krajbanka” stock capital increase" adopted at the extraordinary meeting of the shareholders on 7.09.2009, Krajbanka commences the public offering of 6 175 000  (six million one hundred seventy-five thousand) new issue ordinary bearer shares at nominal value LVL 1 (one lat), category - with right of receiving dividends, receiving liquidation quota and with voting right at the meeting of shareholders (hereinafter referred to as the Shares). Sales price of one Share is LVL 1.50, reported the press-centre of Latvijas Krajbanka.

Subscription to the Shares starts on September 29, 2009 at 10:00 o’clock and will proceed in three stages. During the first stage those shareholders of Krajbanka, who, in accordance with the list of the shareholders, prepared by the joint-stock company “Latvian Central Depository” as of September 22, 2009 (by the end of the day), will be defined as the owners of the ordinary and/or preference shares of Krajbanka (hereinafter referred to also as - the Shareholders), will be entitled to subscribe to the Share, during the second stage – those Shareholders, who have participated in the first stage and used their pre-emptive right, but during the third stage - also other investors in accordance with the procedure set in the Issue prospectus of the joint-stock company "Latvijas Krajbanka" (hereinafter referred to also as the Prospectus).

During the first subscription stage, which will proceed from September 29, 2009 until October 28, 2009 (including), the Shareholders of Krajbanka can use their pre-emptive right to subscribe to the Shares proportionally to the number of ordinary and preference shares possessed by each Shareholder as of September 22, 2009 (by the end of the day).

It is possible to review the Prospectus and receive it free of charge every working day from 9.00 until 17.00 at the client service centre of the Krajbanka, located at 15 Dalina Street in Riga, after previous application by the phone +371 67092078. The full text of the Prospectus is available on the website of the Financial and Capital Market Commission http://www.fktk.lv/ and on Krajbanka website http://www.lkb.lv/. 

The information on the subscription is available by the phone +371 67092827 during working days from 10:00 until 17:00.

The subscription to the Shares will take place in the following client service centres of Krajbanka (during working days of those client services centres from 10:00 until 17:00, except for Saturdays and Sundays)):

• Jana Dalina Street 15, Riga, LV-1013;

• Jekaba Street 2, Riga, LV-1954;

• Brivibas Street 40, Riga, LV-1050;

• Maskavas Sreet 243, Riga, LV-1019;

• Dzelzavas Street 55, Riga, LV-1084;

• Dzirciema Street 27, Riga, LV-1083;

• Marupes Street 3, Riga, LV-1002;

• Berzu Street 10a, Aizkraukle, LV-5101;

• Lencu Street 1, Cesis, LV-4100;

• Parades Street 17, Daugavpils, LV-5400;

• Rigas Street 65, Gulbene, LV-4400;

• Raina Street 6, Madona, LV-4801;

• Liela Street 5/7, Jelgava, LV-3001;

• Uzvaras Street 5, Dobele, LV-3701;

• Liepajas Street 44, Kuldiga, LV-3301;

• Liela Street 12, Liepaja, LV-3401;

• Atbrivosanas avenue 91, Rezekne, LV-4600;

• Rigas Street 27, Valmiera, LV-4200;

• Kuldigas Street 51, Ventspils, LV-3615.

• Kareivju Street 8, Talsi, LV-3201;

• Draudzibas avenue 2, Jekabpils, LV-5201.

The information on the second and third subscription stage will be published on Krajbanka website http://www.lkb.lv/ in accordance with procedure set in the Prospectus.