Latvijas Kugnieciba (LASCO) shipping company says its shareholders decided to increase the company’s share capital to EUR 180 million. The decision was taken at an extraordinary meeting held on October 26, 2017.
According to the decision, the share capital of joint stock company “LATVIJAS KUĢNIECĪBA” will be increased by EUR 120’000’000 (one hundred twenty million euro), by issuing 400 000 000 (four hundred million) new B category registered shares in paper form with nominal value of each share EUR 0.30 (thirty cents). After the increase of the share capital of the Company, the share capital of the Company shall amount to EUR 180 000 000 (one hundred eighty million euros) and shall consist of 200 000 000 (two hundred million) A category dematerialized bearer shares, with the nominal value of EUR 0.30 (thirty cents) per share, and 400 000 000 (four hundred million) newly issued B category registered shares in printed form, with the nominal value of EUR 0.30 (thirty cents) per share.