Latvijas Krajbanka Reports Results of 1st Stage of Its Public Offer
OREANDA-NEWS. November 03, 2009. According to the extraordinary shareholders` meeting decision “About the AS “Latvijas Krajbanka” stock capital increase”, adopted on 07.09.2009, and to the Financial and Capital Market Commission Council decision No. 119 “About the permission for the AS“Latvijas Krajbanka” to express the public offer of the shares”, adopted on 25.09.2009, the AS “Latvijas Krajbanka” (JSC) has issued and now distributes 6’175’000 ordinary bearer shares with voting right (hereinafter referred to as the “Shares”), reported the press-centre of Latvijas Krajbanka.
The nominal value of one Share is LVL 1(one lat). The temporary ISIN code LV0040100685 was allocated to the Shares. During the first stage of the subscription, which ended on June 28 October 2009, 22 Shares were sold.
The second stage of the subscription will take place from 30 October 2009 until 03 November 2009 (inclusive).
The number of the Shares offered for the subscription: 6’174’978 (six million one hundred seventy-four thousand nine hundred seventy-eight).
According to the Issue prospectus, only those shareholders, who have participated in the first stage of the subscription and used their pre-emptive rights, are entitled to participate in second stage.
AS “Latvijas Krajbanka” will inform about the results of the second stage of the subscription on its website www.lkb.lv in accordance with the order stated in the Issue prospectus.
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