OREANDA-NEWS. June 24, 2010. According to the ordinary shareholders` meeting decision “About the AS “Latvijas Krajbanka” stock capital increase”, adopted on 26.03.2010, and to the Financial and Capital Market Commission Council decision No. 130 “About the permission for the AS“Latvijas Krajbanka” to express the public offer of the shares”, adopted on 07.05.2010, the AS “Latvijas Krajbanka” (JSC) has issued and now distributes 6’500’000 ordinary bearer shares with voting right (hereinafter referred to as the “Shares”). The nominal value of one Share is LVL 1(one lat). During the second stage of the subscription, which ended on 18 June 2010, no Shares were sold, reported the press-centre of Latvijas Krajbanka.

The third stage of the subscription will take place from 22 June 2010 until 30 September 2010 (inclusive). The number of the Shares offered for the subscription: 6’499’952 (six million four hundred ninety-nine thousand nine hundred fifty-two).  During the third stage of the subscription any investor shall have a right to subscribe to all offered Shares.

AS “Latvijas Krajbanka” will inform about the results of the third stage of the subscription and on the result of the whole public offer on its website www.lkb.lv not later than 04 October 2010.