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Press release 30.04.2004 16:00

Why did Hansabank`s share price decrease 4 times
The shareholders meeting of Hansabank held on 19 April approved the decision to hold a bonus issue. As a result of this bonus issue Hansabank shareholders will receive 3 new shares for every existing share that they have.

The date of closing the list of shareholders eligible to participate in the bonus issue is 4 May 2004 at 8:00 am. The last day of trading with shares eligible to participate in the bonus issue was 28 April (cum-date) and shares bought on 29 April do not carry that right anymore (on Tallinn stock exchange the settlement period is T+3). As a result, Hansabank share price decreased 4 times on 29 April. Shareholders who had bought Hansabank shares before 29 April will receive 3 new shares for each share that they have on 4 May at 8:00 am, so that the monetary value of their investment will remain the same. Shareholders who bought shares on 29 April or later, bought the shares at the already lower price and will not receive new shares during the bonus issue. For additional information please contact Hansabank`s investor relations department: Mart Tõevere, phone +372 6131 569, mart.toevere@hansa.ee

Mart Tõevere
Head of Corporate Communications and IR
+372 613 1569
mart.toevere@hansa.ee
 
aus der Diskussion: Größte baltische Bank Hansabank, was ist passiert???
Autor (Datum des Eintrages): koalo  (05.05.04 16:26:37)
Beitrag: 3 von 5 (ID:12998391)
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