Understanding Share Structure and Voting Rights
When a company like Artea Bankas AB acquires its own shares, it can lead to important shifts in its overall share structure and the associated voting rights. Such actions are dictated by securities laws and provide essential insights into the bank's governance and capital dynamics.
Current Share Structure
The structure of shares represents the type and value of ownership. Official details can shed light on how many voting rights are attached to each share, thus influencing the governance of the bank. Here are key elements regarding its shares:
Types of Shares
Artea Bankas AB issues ordinary registered shares, which are essential for maintaining shareholder rights and providing the necessary participation in the governance of the bank. The ISIN code for these shares is LT0000102253.
Key Identifiers
The bank is also identified by its Legal Entity Identifier (LEI) code, which is 549300TK038P6EV4YU51. Such identifiers play a crucial role in ensuring transparency and compliance within financial markets.
Financial Details of Shares
Understanding the financial aspects associated with shares can help investors evaluate their worth and potential returns. The nominal value of one share is set at EUR 0.29. This nominal value determines the capital contributions made by shareholders.
Authorized Capital
As part of its financial architecture, the bank's authorized capital amounts to EUR 192,269,027.34. This metric indicates the maximum amount of share capital that can be issued to shareholders, thereby offering insights into the bank's capital raising capabilities.
Voting Rights Overview
A significant area of concern for shareholders is the voting rights associated with their shares. Each share currently grants shareholders a vote. The total number of votes available due to the shares issued stands at 662,996,646, providing significant influence at shareholder meetings.
Quorum Requirements
In order to calculate the quorum for the General Meeting of Shareholders, it's crucial to note that the current number of votes required is 649,858,897. Understanding quorum requirements ensures that shareholders can effectively participate in important decision-making processes.
Connecting with Artea Bankas AB
For more detailed inquiries or additional information regarding the share structure and rights of Artea Bankas AB, stakeholders can reach out to:
Tomas Varenbergas
Head of Investment Management Division
Email: tomas.varenbergas@artea.lt, Phone: +370 610 44447
Frequently Asked Questions
What are the types of shares issued by Artea Bank?
Artea Bank issues ordinary registered shares which convey shareholder rights.
What is the ISIN code for Artea Bank's shares?
The ISIN code for Artea Bank's shares is LT0000102253.
What is the nominal value of one share?
The nominal value of one share is EUR 0.29.
How many total votes are associated with all issued shares?
The total number of votes from issued shares is 662,996,646.
Who can I contact for more information?
For inquiries, you can contact Tomas Varenbergas, Head of Investment Management Division, at tomas.varenbergas@artea.lt.
