Parex Banka Changes Agenda of EGM
OREANDA-NEWS. The main issues on the extraordinary meeting's of shareholders of SC „Parex banka” to be held on 30 July 2010 agenda have changed and, currently, include election of Supervisory Council and bringing an action by a company.
Previously it was planned to discuss election of Audit Committee and issues related to transfer of part of the assets to the bank Citadele; though both issues have been extracted from the agenda as shareholders will be informed about the second issue before the extraordinary meeting.
Current Council of Parex banka was elected in an extraordinary shareholders' meeting on 6 April 2010 , being chaired by Juris Jakobsons, further members of the Council are Michael J. Bourke, Laurence Phillip Adam, Klavs Vasks and Juris Vaskans. This shareholder meeting also discussed issues related to Audit Committee.
76,6% of the Bank's shares are held by Latvian Privatisation Agency, the EBRD is the owner of 19,7% of Parex banka's shares, while the rest is in the ownership of minority shareholders.
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