Understanding Voting Rights and Share Capital Structure
Overview of Share Capital and Voting Rights
Artea Bankas AB plays a significant role in the financial landscape, particularly through its capitalization and voting rights structure. Understanding how shares function within a bank like Artea can provide investors with essential insights to make informed decisions about their investments.
Key Shareholder Information
The authorized capital reduction that took place recently has an impact on voting rights and share distribution. As per the legal provisions, Artea Bankas AB has made significant disclosures regarding the total number of voting rights associated with its issued shares, the nominal value of these shares, and overall authorized capital, all crucial for potential and current investors to comprehend.
Types of Shares Issued
Artea Bankas AB has issued ordinary registered shares, which are the primary means by which stakeholders can engage with the bank. Each share represents a unit of ownership and conveys the right to vote in corporate decisions.
Shareholder Rights and Expectations
With 652,398,897 shares currently outstanding, shareholders are granted a total of 652,398,897 voting rights, ensuring a democratic process in decision-making. However, 649,858,897 votes are considered valid for calculating the quorum at the General Meeting of Shareholders, highlighting the efficiency of shareholder engagement in crucial meetings.
Financial Metrics
The nominal value per share stands at EUR 0.29, while the total authorized capital amounts to approximately EUR 189,195,680.13. These figures provide a snapshot of the bank's financial health and offer important context for its share value and growth potential.
Importance of the LEI Code
To facilitate international trading and compliance with regulatory frameworks, Artea Bankas AB has been assigned a Legal Entity Identifier (LEI). The bank's LEI code is 549300TK038P6EV4YU51, a critical element for cross-border transactions and investor trust.
Investor Relations and Support
If you have inquiries about your investment or the share structure of Artea Bankas AB, it’s advisable to reach out directly. For personalized assistance, Tomas Varenbergas, who heads the Investment Management Division, is available for consultations. You can contact him at tomas.varenbergas@artea.lt or call +370 610 44447.
Frequently Asked Questions
What types of shares does Artea Bankas AB issue?
The bank issues ordinary registered shares to its shareholders.
How many voting rights are associated with each share?
Each issued share corresponds to one voting right, amounting to a total of 652,398,897 voting rights.
What is the nominal value of a share?
The nominal value of each share is EUR 0.29.
How is the quorum calculated for shareholder meetings?
The quorum for the General Meeting of Shareholders is based on 649,858,897 voting rights.
Who can I contact for investor relations queries?
Tomas Varenbergas, the Head of Investment Management Division, is available for questions and assistance.
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