Komercijalna Banka Schedules GM, Sale of Own Shares on the Agenda Too

The Management Board of Komercijalna Banka, which operates under Nova Ljubljanska Banka (NLB) has called an annual general meeting for April 18, proposing for the decision on the sale of its own shares to be on the agenda as well, the brokerage house Momentum announced yesterday.

The agenda also features the adoption of regular and consolidated financial reports, the adoption of the decision on the distribution of the profit and the adoption of the business plan and strategy until 2026.

Recently, Komercijalna Banka bought out 2.9% of its own shares from non-consenting shareholders, and by their potential cancelation, the majority owner, NLB, would cross the threshold of a 90% ownership, which would enable it to carry out an enforced buyout of the remaining shares.

The procedure of merging Komercijalna Banka with the Belgrade branch office of NLB should be finalized by the end of April.

NLB Komercijalna banka AD Beograd

NLB Banka a.d. Beograd

General Meeting

sale of own shares