World News: 14:00 GMT Friday 12th July 2019. [Evli Bank Plc via Globe Newswire via SPi World News]
EVLI BANK PLC STOCK EXCHANGE RELEASE JULY 12, 2019, 4.00 PM.
The Board of Directors of Evli Bank Plc has in its meeting on June 14, 2019 approved requests of shareholders to convert 21,728 Series A shares of Evli Bank Plc to Series B shares in accordance with Article 4 in the Articles of Association.
After the conversions, the company's amount of Series A shares totals 15,236,543 and the amount of B shares totals 8,664,877. The conversion does not affect the total amount of shares which is 23,901,420. The number of votes of the company's shares is after the conversion 313,395,737.
The conversion of shares was registered in the Trade Register on July 12, 2019. The converted shares will be listed on the Nasdaq Helsinki together with the old shares on July 15, 2019.
EVLI BANK PLC
Juho Mikola CFO
Evli is a bank specialized in investments that helps institutions, corporations and private persons increase their wealth. The product and service offering includes mutual funds, asset management and capital markets services, alternative investment products, equity research, administration of incentive programs and Corporate Finance services. The company also offers banking services that support clients' investment operations. Evli is the highest ranked and most used institutional asset manager in Finland*.
Evli has a total of EUR 13.3 billion in client assets under management (net 6/2019). The Evli Group’s equity capital totals EUR 69.6 million and its BIS capital adequacy ratio is 14.7 percent (June 30, 2019). The company has more than 250 employees. Evli Bank Plc’s B shares are listed on Nasdaq Helsinki Ltd.
*KANTAR SIFO Prospera External Asset Management Finland 2015, 2016, 2017, 2018, 2019, SFR Scandinavian Financial Research Institutional Investment Services, Finland 2015, 2016 ,2017, 2018.
Globe Newswire: 14:00 GMT Friday 12th July 2019
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