Overview of Share Structure and Voting Rights
Following its recent share acquisition, Artea Bankas AB has provided essential details regarding its share structure. This information is crucial for shareholders as it outlines their voting rights and the overall authorized capital of the bank.
Details of Share Issuance
The shares issued by Artea Bankas AB are categorized as ordinary registered shares. This classification allows shareholders to participate directly in the governance of the bank through their voting rights.
ISIN and LEI Codes
Each share is identified by its ISIN code, which for these shares is LT0000102253. Additionally, the bank’s Legal Entity Identifier (LEI) code is 549300TK038P6EV4YU51. These codes are vital for investors in identifying and trading the shares.
Nominal Value of Shares
The nominal value of each share is set at EUR 0.29. This value represents the minimum price at which shares can be issued and provides a basis for calculating the bank's economic standing.
Authorized Capital Insights
Artea Bankas AB has a total authorized capital of EUR 189,195,680.13. This figure is an essential indicator of the bank's financial health and its ability to fund operations and growth initiatives.
Total Number of Shares
Currently, the bank has issued a total of 652,398,897 shares. This substantial number affirms the bank’s public offering capabilities and reflects strong investor confidence.
Voting Rights Explained
In terms of voting power, all issued shares amount to a total of 652,398,897 votes. However, the number of votes that count towards the quorum in a General Meeting of Shareholders is slightly lower, at 648,728,647. This figure is critical during shareholder meetings where major decisions are made.
Key Contact Information
If you require further details, you can reach out to:
Tomas Varenbergas
Chief Financial Officer
Email: tomas.varenbergas@artea.lt
Phone: +370 610 44447
Frequently Asked Questions
What types of shares does Artea Bankas AB issue?
The bank issues ordinary registered shares, providing shareholders with voting rights in governance matters.
What is the nominal value of a share?
The nominal value of each share is EUR 0.29.
What is the total number of shares issued?
Artea Bankas AB has issued a total of 652,398,897 shares.
How is the authorized capital structured?
The authorized capital of the bank amounts to EUR 189,195,680.13, which supports its operational funding and growth.
How many votes can shareholders cast?
Each shareholder can cast one vote per issued share, totaling 652,398,897 votes, while 648,728,647 votes are necessary for quorum calculation during meetings.