Conversion of state hybrid capital completed


 

The Danish Financial Supervisory Authority
NASDAQ OMX Copenhagen
London Stock Exchange
Oslo Børs
Chief Executive Officer
Frank Kristensen
Torvet 4-5
DK-7620 Lemvig

Denmark
Phone +45 96 63 20 00



fk@vestjyskbank.dk
 
 
 20 February 2012

 

                

 

Company announcement – Conversion of state hybrid capital completed

With reference to company announcement of 15 February 2012, Vestjysk Bank can confirm that the conversion of state hybrid capital of DKK 287.6 mill., and non-paid accrued interest of app. DKK 8.7 mill., has now been completed by issuance of 14,177,995 new shares of nominally DKK 10 to the Danish State.

 

As a result, the share capital of Vestjysk Bank amounts to nominally DKK 266,799,950, corresponding to 26,677,995 shares, with a total of 26,677,995 attached voting rights.

 

As a result of the completed conversion, the Danish State owns 14,177,995 shares in Vestjysk Bank, corresponding to 53.14 pct. of the total amount of shares and voting rights in the bank. In addition, Finansiel Stabilitet A/S owns 2.25 pct. of the total amount of shares and voting rights in the bank.

 

The bank’s revised articles of association are attached to this company announcement and may furthermore be found at the website of the bank, www.vestjyskbank.dk.

 

 

vestjyskBANK

  

Frank Kristensen

Chief Executive Officer

 

 


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