OREANDA-NEWS. May 13, 2010. The joint-stock company "Latvijas Krajbanka" (hereinafter referred to as Krajbanka) informs that Krajbanka, according to the decision "About the AS “Latvijas Krajbanka” stock capital increase" adopted at the ordinary meeting of shareholders on 26.03.2010, commences the public offering of 6'500'000 (six million five hundred 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). The Sales price of one Share is LVL 1.50, reported the press-centre of Latvijas Krajbanka.

Subscription to the Shares starts on the 13 May 2010 at 10:00 o’clock and shall proceed in three stages. During the first stage the right to subscribe to the Shares will have those shareholders of Krajbanka, who, in accordance with the list of the shareholders prepared by the joint-stock company “Latvian Central Depository” as of 14 April 2010 (at 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), during the second stage – the Shareholders, who 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 the 13 May 2010 until 14 June 2010 (including), the Shareholders of Krajbanka can use their pre-emptive rights to the Shares proportionally to the number of ordinary and preference shares owned by each Shareholder as of 14 April 2010 (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 Krajbanka 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 happen 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 the procedure set in the Prospectus.