Erste Group Increased Share Capital

Markets ♦ Published: December 30, 2011; 13:47 ♦ (Vindobona)

The Austrian bank raised its capital in connection with the agreement to acquire shares in Romanian BCR.

Erste Group Increased Share Capital / Picture: © Erste Group / Helmut Lackner

Upon the completion of the second tranche of agreement with the investment fund SIF Transilvania (Societatea de Investitii Financiare) a total of 4.025.566 shares of Erste Group were issued under the transaction on 12 December 2011. As a result, the total number of Erste Group shares rose from 382,716,130 to 386,741,696, the subscribed share capital of Erste Group amounting to €…

or Log In

Fast News Search
Related News
Erste Group: Core Shareholder Endangered to Reduce Stake (December 28, 2011)
Erste Group: Capital Shortfall to be Covered by Profits (December 27, 2011)
Fitch Calls for Higher Capitalization of VBAG, Raiffeisen, Erste (December 21, 2011)
Foreign Currency Loans: Austrian Banks Appreciate Hungarian Decision (December 19, 2011)
Changes to the Management Board of Erste Group (December 15, 2011)
Erste Group Increases Stake in BCR to 82% (December 12, 2011)
Read More
Erste Group, Banking Industry, Capital Increase, Romania
Featured
See latest Vindobona Newsletter