JADRANSKA BANKA d.d. Šibenik
22000 Šibenik, Ante Starčevića 4
In Šibenik, 18 September 2007
TO S H A R E H O L D E R S
Esteemed shareholders!
Based on the Bank Assembly’s Decision on giving assent to the
Supervisory and Management boards of the Bank to increase
its liable capital, the Supervisory and Management boards
of the Bank hereby extend the following
I N V I T A T I O N
All
shareholders are hereby invited to pay in funds in the
Bank’s additional capital, in order to allocate the
whole or a part of such an additional capital paid in the
Bank’s equity, precisely by issuing shares on the owner of rights acquired by annulling previously stipulated contracts on investing in the additional capital. The nominal value of a share issued would equal kuna 2,000 (in words: two thousand kuna).
I. Each
shareholder may pay in a money amount in the Bank’s
additional capital, which will be agreed upon by the Bank
on one side, and the shareholder on another, in the form
of a separate Contract on investing in the additional
capital. Namely, each shareholder will be entitled to the
right of paying in funds totalling his shareholdings in
the Bank, not less that the nominal value of one share, viz. kuna 2,000 (in words: two thousand kuna).
Applications for paying in into the Bank’s additional capital are to be submitted within
10 (in words: ten) days as of the publication date in the "Official Gazette".
Contracts on investing in the Bank’s additional capital, will be
stipulated within 40 (in words: forty) days, as of the
publication date inthe “Official Gazette”.
Payers in the additional capital realize all rights established in this section provided that at the moment of cancelling
the Contract on investing in additional capital, the same
still be the owner of shares, i.e. his equity holding in
the Bank equals the amount of the additional capital for
which the same will be cancelled.
II. Every shareholder can make an early registration for
paying in a money amount even bigger than the one
equalling his actual equity holding in the Bank.
On
expiry of the term at disposal for concluding Contract on
investing in additional capital, as established in the
Section I of the invitation, the Bank will notify
shareholders who have made an early registration on a
possible additional payment, with the precise amount and
will, at the same time, invite them to stipulate new
contracts on investing in the additional capital. The Bank
will stipulate this contract within 10 days as of the
receipt of such an invitation.
Payers
in the supplementary capital realize all rights
established in the above section, provided that at the
moment of cancelling the contract on investing in
additional capital, as
well as of concluding the contract on investing in the
additional capital, the same still be the owner of shares..
III. The payment term of money funds totals 3 days (in
words: three days) days, as of the stipulation of each contract
on investing in the additional capital.
Contracts
on investing in additional capital, established in
Sections I and II of the invitation, are stipulated on, at
least, a 15-
year term.
To
each shareholder,viz.the payer in the additional capital, the Bank will
pay interests totalling 4% a year (in words: four percent)
on amounts that
will not be allocated into the equity of the company. The
accounting and paying of the same interests will be
carried out annually.
Shareholders
are not supposed to sell nor burden the shares acquired
this way within one year (in words: one year) as of the
date they get the
same.
President
of the Supervisory board Ante
Kulušić
President of the Management board Ivo Šinko, B.
Econ.
