PRIME-TASS. Transcreditbank shareholders adopted a decision on the reorganization via the takeover of Interregional Transport Commercial Bank (Rostov-on-Don), Bank Yugo-Vostok (Voronezh), Chita Industrial Construction Bank (Chita) and Blagoveschensk-based Superbank, Prime-TASS reported quoting the lending institution’s data.
Furthermore, the shareholders decided to upsize Transcreditbank’s charter capital by Rub 28.3 mln by placing 28.3 mln additional common shares with Rub 1.00 par value each through the conversion into Transcreditbank’s additional stocks of the securities held by 4 lending institutions that are subject to the takeover. Consequently Transcreditbank’s capital will rise from Rub 2.25 bln to Rub 2.28 bln.
The shareholders approved a new edition of the bank’s charter that relates to the reorganization and capital upsizing. The shareholders also gave the green light to the company’s business plan and determined the procedure for notifying the bank’s creditors of the decision taken to reorganize Transcreditbank.
