Latvijas Krājbanka 05.01.2007 The first stage of underwriting of the new emitted shares of Latvijas Krājbanka is over Thursday, the 4th January was the conclusion of the first stage of underwriting of the new Latvijas Krājbanka emitted shares. During this stage the Latvijas Krājbanka shareholders were able to use their prerogative to new ordinary and preference shares proportionally to the share number possessed by each shareholder of the Latvijas Krājbanka on the 20th October 2006. The total amount of the Latvijas Krājbanka emitted shares is 1,65 millions - 800’000 ordinary bearer shares with voting rights and 850’000 “A” category preference bearer shares without voting rights. The underwriting will proceed in three stages. The Latvijas Krājbanka shareholders will have underwriting rights during first two stages, other investors will be able to underwrite during the third stage. The decision to increase the authorized capital by 1,65 million lats – up to 10,756 million lats – was adopted by the Latvijas Krājbanka shareholders in September the previous year. The entire capital increase program is aimed at accelerating capital base product development of the Latvijas Krājbanka and increasing return on assets.
The first stage of underwriting of the new emitted shares of Latvijas Krājbanka is over
| Source: Latvijas Krajbanka