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-0,92%11.10.2007.Report on the compulsory sale of shares - Vojvođanska banka a.d. Novi Sad
The report has been prepared in conformity with the Law on the Securities and Other Financial Instruments Market and Articles 6 and 7 of the Regulation on Contents and Manner of Public Companies’ Reporting and Informing on Possession of Shares with Voting Rights.
In conformity with the provisions of the Law on Takeover of Joint Stock Companies the National Bank of Greece S.A Athens (Offeror) bought during the takeover bid procedure 1,026 common shares, i.e. 0.21296% of the common shares with voting rights of the issuer Vojvodjanska banka AD Novi Sad, Trg slobode 7 (Target Company) which together with 479,037 common shares, i.e. 99.42859% of the common shares with voting rights owned by the Offeror before the takeover bid represents 480,063 i.e. 99.64155% of the common shares with voting rights.
Pursuant to Article 34 of the Law on Takeover of Joint Stock Companies, Operating Rules of the Central Securities Depository and Clearing House, the majority shareholder the National Bank of Greece S.A. Athens submitted the request for the compulsory sale of shares owned by the dissenting shareholders, to the Central Securities and Depository Clearing House on 10.10.2007. Upon expiry of 15 days deadline, on 25.10.2007. 1,727 common shares will be transferred from the securities accounts of the dissenting shareholders to the securities account of the Offeror, and after this transfer the Offeror became the owner of 481,790 shares, i.e. 100.00%.
During the compulsory sale of shares, the Offeror purchased the shares under the same conditions as specified in the takeover bid and informed thereof all shareholders of Vojvodjanska banka a.d. Novi Sad and announced in “Politika“ daily newspaper on 10.10.2007. The purchase price amounted to RSD 70,000.00 per share.
Simultaneously with the transfer of shares from the accounts of the dissenting shareholders to the account of the Offeror, the transfer was made to the cash accounts of the members of the Central Securities Depository and Clearing House with which the dissenting shareholders have opened the proprietary securities accounts. For the shareholders who do not have a proprietary securities account, the funds were transferred to the member of the Central Securities Depository – Vojvodjanska banka a.d. Novi Sad, i.e. to the Target Company. For the dissenting shareholders who did not have cash accounts with a business bank or such information was not known at the moment of settlement, the amount of funds designated for the purchase of their shares will remain on such account of Vojvodjanska banka a.d. Novi Sad until the number of the cash account becomes known.
For all additional information referring to the compulsory sale of shares, the dissenting shareholders can contact:
Vojvodjanska banka a.d. Novi Sad,
Trg slobode 7, 21000 Novi Sad, Tel: 021/4886-725, 4886-708,
Fax. 021/6616-023.
In conformity with the provisions of the Law on Takeover of Joint Stock Companies the National Bank of Greece S.A Athens (Offeror) bought during the takeover bid procedure 1,026 common shares, i.e. 0.21296% of the common shares with voting rights of the issuer Vojvodjanska banka AD Novi Sad, Trg slobode 7 (Target Company) which together with 479,037 common shares, i.e. 99.42859% of the common shares with voting rights owned by the Offeror before the takeover bid represents 480,063 i.e. 99.64155% of the common shares with voting rights.
Pursuant to Article 34 of the Law on Takeover of Joint Stock Companies, Operating Rules of the Central Securities Depository and Clearing House, the majority shareholder the National Bank of Greece S.A. Athens submitted the request for the compulsory sale of shares owned by the dissenting shareholders, to the Central Securities and Depository Clearing House on 10.10.2007. Upon expiry of 15 days deadline, on 25.10.2007. 1,727 common shares will be transferred from the securities accounts of the dissenting shareholders to the securities account of the Offeror, and after this transfer the Offeror became the owner of 481,790 shares, i.e. 100.00%.
During the compulsory sale of shares, the Offeror purchased the shares under the same conditions as specified in the takeover bid and informed thereof all shareholders of Vojvodjanska banka a.d. Novi Sad and announced in “Politika“ daily newspaper on 10.10.2007. The purchase price amounted to RSD 70,000.00 per share.
Simultaneously with the transfer of shares from the accounts of the dissenting shareholders to the account of the Offeror, the transfer was made to the cash accounts of the members of the Central Securities Depository and Clearing House with which the dissenting shareholders have opened the proprietary securities accounts. For the shareholders who do not have a proprietary securities account, the funds were transferred to the member of the Central Securities Depository – Vojvodjanska banka a.d. Novi Sad, i.e. to the Target Company. For the dissenting shareholders who did not have cash accounts with a business bank or such information was not known at the moment of settlement, the amount of funds designated for the purchase of their shares will remain on such account of Vojvodjanska banka a.d. Novi Sad until the number of the cash account becomes known.
For all additional information referring to the compulsory sale of shares, the dissenting shareholders can contact:
Vojvodjanska banka a.d. Novi Sad,
Trg slobode 7, 21000 Novi Sad, Tel: 021/4886-725, 4886-708,
Fax. 021/6616-023.
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