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ZABA increases its share capital to HRK 6.4 bln

ZAGREB, Aug 9 (Hina) - The Croatian Central Depository and Clearing Company (SKDD) has completed the registration of an increase in the share capital of the Zagrebacka Banka (ZABA) as the corporate action of the increase of issued capital for ZABA.

The SKDD issues a statement on Tuesday reading that ZABA's General Meeting, which was held on 26 July 2011, adopted the decision of issued capital increase.

"Issued capital has been increased by issuing 256,193,564 ordinary shares, ticker ZABA-R-A, each nominal value of 20.00 HRK."

Issued capital has been increased from HRK 1.28 billion to the amount of HRK 6.4 billion and "is now divided into 320,241,955 ordinary shares each nominal value of 20.00 HRK."

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