PrivatBank increases Charter capital by UAH 2.58 billion. As the press service of the Bank share capital increase is due to the direction of the profit of 2015 and part of retained earnings from prior years. This decision was made on August 26 and the General meeting of shareholders of the Bank.
According to the decision, the authorized capital of PrivatBank will be due to the direction in the authorized capital of 90,44% of the profits of the Bank for the year 2015 according to IFRS in the amount of 215,6 million UAH, and also 90,49% of retained earnings under IFRS in the amount of 2.37 billion.
The Bank’s share capital increase will be carried out by increasing the nominal value of the shares of the Bank by 34.03 UAH 280 UAH to UAH 314,03 per share. The number of issued shares of the Bank and their distribution among the shareholders remains unchanged.