OREANDA-NEWS. August 03, 2009. Draft decisions of the Extraordinary shareholders` meeting of the AS “Latvijas Krajbanka” to be held on September 7th 2009, reported the press-centre of Latvijas Krajbanka.

1.On the amendments of the articles of association of the joint-stock company “Latvijas Krajbanka”*
The shareholders` meeting resolved:

1. To amend the articles of association of the joint-stock company “Latvijas Krajbanka”:

1.1. With regard to raising the equity capital in accordance with the “Terms on the raising of the equity capital” dated 16 February 2009 to amend the wording of the clause 3.1. and 4.1. of the articles of association to read as follows:

“3.1. The Bank’s equity capital amounts to LVL 13’149’248 (thirteen million one hundred forty nine thousand two hundred and forty eight) lats.”

“4.1. The Bank’s equity capital shall be composed of 13’149’248 (thirteen million one hundred forty-nine thousand two hundred and forty-eight) shares, inter alia:

13’146’414 ordinary shares of one category all having equal rights to receiving the dividend, liquidation quota and voting rights at the Meeting of Shareholders and 2’834 “A” category preference shares having equal guaranteed rights to receiving dividend and liquidation quota.”

1.2.  To amend the wording of the clause 5.6. of the articles of association to read as follows:

“5.6. The Council shall be composed of 6 (six) members. The Council shall be elected for 3 years.”

2. Upon raising the equity capital of the joint-stock company “Latvijas Krajbanka” in accordance with the decision of the extraordinary meeting of the shaareholders “On raising of the equity capital of AS “Latvijas Krajbanka”” of 7 September 2009, to amend the wording of the clause 3.1. and 4.1. of the articles of association to read as follows:

“3.1. The Bank’s equity capital amounts to LVL 17’149’248 (seventeen million one hundred forty-nine thousand two hundred and forty-eight) lats.”

“4.1. The Bank’s equity capital shall be composed of 17’149’248 (seventeen million one hundred forty-nine thousand two hundred and forty-eight) shares, inter alia: 

17’146’414 ordinary shares of one category all having equal rights to receiving the dividend, liquidation quota and voting rights at the Meeting of Shareholders and 2’834 “A” category preference shares having equal guaranteed rights to receiving dividend and liquidation quota.”

* The AS “Latvijas Krajbanka” articles of association is available at the AS “Latvijas Krajbanka” Website www.lkb.lv

2. On the election of the Council of AS ”Latvijas Krajbanka”

The shareholders` meeting resolved:

1. The recall from the position of the Council Members of AS “Latvijas Krajbanka” prior to the expiration term:

1) Raimondas Baranauskas;

2) Aleksandrs Antonovs;

3) Olegs Suhorukovs; 

4) Naglis Stancikas;

5) Maksims Ancipolovskis.

2. To elect to the office of the members of the Council of AS “Latvijas Krajbanka” for a three year term, commencing on September 7th 2009:

1) Vladimirs Antonovs;
2) Raimondas Baranauskas;
3) Aleksandrs Antonovs;
4) Olegs Suhorukovs;
5) Naglis Stancikas;
6) Martins Bondars.

Information on professional experience of the AS "Latvijas Krajbanka" Council member candidates during last three years.