13 June 2007
Enforcement of capital reduction within Vestjysk Bank A/S and internal merger
Enforcement of capital reduction
As notified in the Stock Exchange Announcement of 8 March 2007 "Vestjysk Bank
A/S - Minutes of annual general meeting" it was resolved at the annual general
meeting of Vestjysk Bank A/S on 7 March 2007 that the capital share of the
company should be reduced by nominally DKK 2,000,000 of the company's holding of
own shares.
Publication has taken place in the computer information system of the Danish
Commerce and Companies Agency on 12 March 2007. The deadline for submission of
objections to the statutory notice has expired without any objections.
Therefore, final application for registration of the capital reduction has been
filed with the Danish Commerce and Companies Agency today.
Following the capital reduction, Vestjysk Bank A/S' share capital amounts to
nominally DKK 86,000,000.
Internal merger
The Board of Directors of Vestjysk Bank A/S has decided to merger the wholly
owned subsidiary Vestjysk Bolig A/S into Vestjysk Bank A/S. The merger takes
effect as at 1 January 2007 for accounting purposes.
The background and explanation for the merger is that the activities of Vestjysk
Bolig A/S have been sold off, and Vestjysk Bolig A/S is thus no longer an active
company. It has therefore been deeme d undesirable to uphold Vestjysk Bolig A/S
as an independent entity.
vestjyskBANK
Frank Kristensen
Managing director
Side 1
NÆRVÆR - KOMPETENCE - www.vestjyskbank.dk
DYNAMIK
