Share Issue/Capital Change • Jul 3, 2015
Share Issue/Capital Change
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Prague, July 2, 2015
Komerční banka, a. s. (hereinafter as "KB") increased the capital of its subsidiary SG Equipment Finance Czech Republic s.r.o. (hereinafter as "SGEF") by 551,1 mil CZK. The increase was made through a contribution to other capital funds of the company. The share of KB remains the same at the level of 50,1 %. The capital of SGEF was increased by 1,1 billion CZK in total while the rest of the contribution to other capital funds was provided by Société Générale Equipment Finance International GmbH. The share of Société Générale Equipment Finance International GmbH on the capital of SGEF was not affected by this contribution and remains at the same level of 49,9 %.
The increase of SGEF capital by KB was made based on a Contract on provision of a contribution outside the registered capital concluded between KB and SGEF on June 23, 2015. The increase in SGEF capital by Société Générale Equipment Finance International GmbH was made based on a Contract on provision of a contribution outside the registered capital concluded between KB and SGEF on June 26, 2015.
The capital increase was a response to the amendment of rules regarding low capitalization which have been effective since January 1, 2015.
Regards,
Komercni banka
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