February 5 (SeeNews) - Slovenia's Abanka Vipa said on Tuesday a total of 8,659,420 shares were subscribed and paid up during the first and second round of its ongoing capital increase, representing 40.41% of the planned offering.
Existing shareholders subscribed and paid up 3,165,195 newly issued Abanka shares during the second round of the exercise carried out between January 17 and January 30, the lender said in a bourse filing.
The capital hike is part of measures to meet the capital adequacy requirements set by Slovenia's central bank.
The bank began on December 13 the first round of a public offering of a minimum of 11,904,762 and a maximum of 21,428,572 shares at a price of 4.2 euro ($5.7) apiece.
Existing shareholders were allowed to exercise their pre-emptive rights during the first round which ended on January 11.
A total of 12,769,152 Abanka shares that were not subscribed and paid up during the first and second round will be offered for sale to Abanka's shareholders entered in the bank's share register on the ex-date and to external investors in the third round.
The third round will begin on February 5 and will last till February 18.
If the number of shares subscribed to and paid up during the third round exceeds the number of available shares, the available shares are to be divided in proportion to the paid-up amounts.
($ = 0.7373 euro)