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Forum Bank to consider 46% charter fund increase on July 30

Forum Bank to consider 46% charter fund increase on July 30

18 June 2008

At their AGM on July 30, Forum Bank (FORM: BUY) shareholders will vote on a 46.3% charter fund increase to UAH 2.4 bln (USD 488.6 mln) via an additional share issue, the bank said yesterday. If approved, Forum will issue 75 mln ordinary shares at par, UAH 10 (USD 2.1) per share. Subscription dates will be approved at the AGM.

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