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ABLV Bank to increase share capital

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ABLV Bank to increase share capital

ABLV BankAS said April 8 that its shareholders approved an increase in thebank's share capital by issuing 2.7 million voting shares.

The shares, which will be issued at €14.15 per share, can besubscribed for starting April 18 until May 31. Following the share capitalincrease, the bank's equity will increase by €38.2 million, and the bank'ssubscribed share capital will stand at €38 million.