Latvijas Krajbanka
AS “Latvijas Krājbanka” increases stock capital of subsidiary company
Latvijas Krajbanka 01.12.2010 15:38 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Board of AS 'Latvijas Krājbanka' (hereinafter referred to as Krājbanka) has resolved to increase the stock capital of its subsidiary company SIA 'Krājinvestīcijas' by capitalizing the loan obligations and investing funds in total amount of LVL 5 931 000.00 (according to the currency exchange rate set by the Bank of Latvia at the date of adoption of the resolution - EUR 8'439'053). Upon completion of increase, the stock capital of SIA 'Krājinvestīcijas' shall comprise LVL 8'063'000 (EUR 11'472'615). The decision has been adopted in order to facilitate the activities of the subsidiary with regard to long-term investment management. Dace Dūze Adviser to President AS 'Latvijas Krājbanka' Phone: +37167092043 E-mail: Dace.Duze@lkb.lv News Source: NASDAQ OMX 01.12.2010 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Latvijas Krajbanka Latvia Phone: Fax: E-mail: Internet: ISIN: LV0000100683 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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