Increase of the share capital in connection with the option programme and subscription results

The supervisory board of Coop Pank AS (hereinafter theBank ) decided on 17 April 2024 to increase the share capital of the Bank by 507 683,98 euros by way of issuing new ordinary shares. The decision to increase the share capital was adopted to enable the realisation of the options issued within the option programme that was approved with the resolution of the general meeting of the Bank on 8 November 2019, on the conditions indicated in the referred decision. The share capital shall be...

Tallinn, 02/05/2024 (informazione.it - comunicati stampa - economia)

The supervisory board of Coop Pank AS (hereinafter the ) decided on 17 April 2024 to increase the share capital of the Bank by 507 683,98 euros by way of issuing new ordinary shares.

The decision to increase the share capital was adopted to enable the realisation of the options issued within the option programme that was approved with the resolution of the general meeting of the Bank on 8 November 2019, on the conditions indicated in the referred decision. The share capital shall be increased in accordance with clause 3.3.5 of the Bank's articles of association.
28 current and former employees of the Bank were able to participate in the issue, subscribing altogether for 745 000 shares for the total amount of EUR 819 500, making 100% of the issue size. All option holders submitted a subscription application and paid timely for the subscribed shares.

Decisions of the supervisory board:

Additional information:
Katre Tatrik
Communications Specialist
Tel: +372 5151 859
E-mail: katre.tatrik@cooppank.ee