Akciju komercbanka Baltikums 12.01.2007 Akc. Komercb. “Baltikums” has increased the share capital of IM JSC Baltikums Asset Management JSC “Akciju komercbanka “Baltikums”” (the Bank) has increased the share capital of its daughter company Investment Management JSC “Baltikums Asset Management” by LVL 1.452 million. After the increase paid up share capital of Investment Management JSC “Baltikums Asset Management” is LVL 5.464 million. The funds raised as a result of a new Investment Management JSC “Baltikums Asset Management” share issue were directed towards increasing the company's interest in JSC “Baltikums Apdrošināšanas Grupa” with the aim of accumulating a 49 % stake. This transaction is a logic continuation of the plans of JSC “Baltikums Apdrošināšanas Grupa” and JSC “Baltikums Bankas Grupa” shareholders - to restructure “Baltikums” holding, having consolidated the financial and insurance enterprises under JSC “Baltikums Bankas Grupa”. The mentioned consolidation will allow optimising and furthering successfully to develop activity of holding. An only shareholder of JSC “Akciju komercbanka “Baltikums”” is JSC “Baltikums Bankas Grupa” which shares in turn belong to five residents of Latvia: -Alexander Peshkov Family Holdings SIA – 24.75%, -Sergey Peshkov Holdings SIA – 24.75%, -Andrey Kochetkov Holdings SIA – 24.75%, -Oleg Chepulsky Holdings SIA – 24.75%, -Ivan Ulyanov Holdings SIA – 1.00%. Now the Bank has following subsidiary companies: Investment Management JSC “Baltikums Asset Management” (100%), JSC “Baltikums Līzings” (100%), JSC “Pirmais Atklātais Pensiju Fonds” (99.97%) and JSC “Nord Real Estate” (100%). Investment Management JSC Baltikums Asset Management has 93.46% interest in life insurance company “Baltikums Dzīvība”. Chairman of the Board A.Reims T. Drobina t. 7031342; 7031311 e-mail: tatjana.drobina@bank.baltikums.com
Akc. Komercb. “Baltikums” has increased the share capital of IM JSC Baltikums Asset Management
| Source: INVL Asset Management