Overview of Shares and Voting Rights
Understanding the structure of shares and the associated voting rights is essential for investors and stakeholders in any financial institution. Artea Bankas AB provides a breakdown of its shareholding structure, authorized capital, and the total number of shares issued.
Types of Shares Issued by Artea Bankas AB
The bank issues ordinary registered shares. This type of share grants investors the right to participate in the bank's annual general meeting and cast votes based on the number of shares they hold. These ordinary shares enable shareholders to have a say in the company's governance and major decisions.
ISIN and LEI Codes
The International Securities Identification Number (ISIN) for shares at Artea Bankas AB is LT0000102253. Additionally, the bank has a Legal Entity Identifier (LEI) code of 549300TK038P6EV4YU51, which aids in global business identification and enhances the transparency of financial transactions.
Details on Share Valuation
Each share has a nominal value of EUR 0.29, making it accessible for a broad range of investors. With a total of 662,996,646 shares issued, Artea Bankas maintains a substantial presence in the market, offering significant investment opportunities.
Authorized Capital
The authorized capital of Artea Bankas AB amounts to EUR 192,269,027.34. This capital acts as a buffer for operations and growth while providing the avenue for potential future funding or expansion necessitated by market demands.
Voting Rights and Shareholder Engagement
Voting rights are a critical component of share ownership. Each share owned grants holders voting power, which in the case of Artea Bankas totals 662,996,646 votes. This collective influence shapes the strategic decisions made by the bank, and a quorum is set at 651,398,897 votes during the general meeting of shareholders.
Importance of Shareholder Participation
The importance of shareholder engagement cannot be overstated. By actively participating in meetings, shareholders can voice their opinions and influence the direction of the bank. This engagement is crucial in fostering a strong partnership between the management and its investors.
Contact Information for Further Inquiries
For more detailed insights into the share structure or any other queries, 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 types of shares does Artea Bankas AB issue?
Artea Bankas AB issues ordinary registered shares which grant voting rights and participation in general meetings.
What is the ISIN code for Artea Bankas shares?
The ISIN code for Artea Bankas AB shares is LT0000102253.
How much is the nominal value of a share?
The nominal value of each share issued by Artea Bankas is EUR 0.29.
What is the total authorized capital of Artea Bankas?
The authorized capital of Artea Bankas AB stands at EUR 192,269,027.34.
How many votes are granted by all issued shares?
All issued shares grant a total of 662,996,646 votes, allowing significant shareholder influence.
