Understanding Voting Rights and Capital Structure at Artea Bank

Understanding Shares and Their Importance

In the world of banking, clarity regarding shares, voting rights, and authorized capital is vital for shareholders and stakeholders alike. This information provides insight into the financial health and governance structure of the organization. For Artea Bank, the communication of this information plays a significant role in maintaining transparency and building trust with its investors.

Overview of Shares and Voting Rights

Artea Bank, following its share acquisition, has prepared detailed disclosures in line with securities regulation. Such disclosures allow investors to evaluate the bank's share structure comprehensively. This involves knowing the types of shares available, their associated voting rights, and the authorized capital contributions necessary for capital planning.

Types of Shares at Artea Bank

Artea Bank issues ordinary registered shares, which are essential for participation in governance. Holders of these shares possess specific rights, including the ability to vote on crucial decisions affecting the direction of the bank. For investors, understanding the share type is fundamental to evaluating their influence within the bank’s operations.

ISIN and LEI Codes

Each share type is assigned an International Securities Identification Number (ISIN) for tracking and identifying shares in global markets. For Artea Bank, the ISIN code is LT0000102253, making it easy for investors to identify shares related to the bank.

Current Capital Structure

Insight into a bank's capital structure reveals essential information about its financial policies. The authorized capital of Artea Bank is stated at 192,269,027.34 EUR, with a total of 662,996,646 shares issued. This capital base is crucial for maintaining operational stability and facilitating growth opportunities.

Nominal Value of Shares

The nominal value assigned to each share is 0.29 EUR. Understanding this value helps in assessing the ownership percentages and the financial commitment required from shareholders. This aspect becomes crucial for both existing and potential investors as it helps evaluate the investment's viability.

Voting Rights Associated with Shares

Each share grants one vote, resulting in a total of 662,996,646 votes available. This total reflects the power held collectively by shareholders. For significant decisions, such as the election of board members or approving financial changes, these voting rights become very instrumental.

General Meeting of Shareholders

A key aspect of governance at Artea Bank is the General Meeting of Shareholders (GMS), which relies heavily on these voting rights. The quorum required for making decisions at the GMS stands at 650,498,897 votes. This threshold underscores the importance of shareholder participation in shaping the bank's future.

Significance of Authorized Capital

Authorized capital is crucial for the bank as it provides a buffer for operational and strategic needs. The authorized capital provides assurance to investors about the bank’s capability to withstand fluctuating market conditions and unexpected challenges. For Artea Bank, a strong capital base supports confidence and growth initiatives.

Contact Information for Investors

For investors seeking additional clarification or information regarding shares, powers, and operations at Artea Bank, they can reach out directly to the Head of Investment Management Division, Tomas Varenbergas. He is available via email or phone:

Email: tomas.varenbergas@artea.lt, Phone: +370 610 44447.

Frequently Asked Questions

What types of shares does Artea Bank issue?

Artea Bank issues ordinary registered shares that grant voting rights to shareholders.

What is the ISIN code for Artea Bank's shares?

The ISIN code for Artea Bank is LT0000102253.

How much is the nominal value of each share?

The nominal value of each share is 0.29 EUR.

What is the total authorized capital of Artea Bank?

The authorized capital of Artea Bank is 192,269,027.34 EUR.

How many votes are necessary for a quorum at the GMS?

A total of 650,498,897 votes are needed to establish a quorum at the General Meeting of Shareholders.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

Contact Owen Jenkins privately here. Or send an email with ATTN: Owen Jenkins as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.