Business News

New NKBM Shares to Be Listed on 11 May

Ljubljana, 06 May (STA) - The shares issued as part of the recent capital injection at Slovenia's second-largest bank, NKBM, are scheduled to be listed on the Ljubljana and Warsaw stock exchanges on 11 May, the bank said on Friday.

NKBM said in a statement posted on the website of the Ljubljana Stock Exchange that it had received the court's confirmation of the registration of the new capital on Thursday.

The bank raised EUR 104m in the subscription of fresh shares that ran from 4 to 26 April in which 13,040,989 new shares were made available at EUR 8 per share.

The capital rise increased the number of NKBM shares to 39,122,96, with the bank's share capital rising to EUR 40.814m.

The capital raising made headlines also because of the decision of the state-controlled State Assets Management Agency to make three state companies participate in the name of the state despite the announcement from the government that the state would not take part.

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