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RZB launches capital increase |
| 2007.10.24 |
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Raiffeisen Zentralbank Österreich AG (RZB) will launch its capital increase, which has been decided by RZB's Supervisory Board a few weeks ago. Up to 265,035 new shares will be issued at 600 euros per share and an exchange ratio of 21:1. This corresponds to an increase of the nominal capital of up to 19.26 million euros or 4.76 per cent to a maximum of 423.72 million euros. A full subscription would result in a capital increase of 159 million euros.
"RZB's rapid growth as well as its outstanding results over the past years proves that we are on the right track. This growth is based on a strong financial basis, which now gets strengthened even further. The capital increase therefore contributes to RZB's successful development", said RZB's CEO Walter Rothensteiner. He also emphasized that the capital increase strengthened RZB's status as the only globally acting local bank in full Austrian ownership.
Subscription period ends on 12 November
The new shares are qualified for dividend starting 1 January 2008. Based on the last dividend of 20.70 euros per share, this would result in a pre-tax yield of the paid-up capital of 9.3 per cent. The subscription period ends on 12 November, all current shareholders of RZB are beneficiaries.
Raiffeisen Zentralbank's Shareholders Stake*
Raiffeisenlandesbank NÖ-Wien 31.37%
Raiffeisen-Landesbank Steiermark 14.92%
Raiffeisenlandesbank OÖ 14.92%
Raiffeisen-Landesbank Tirol 5.84%
Raiffeisenverband Salzburg 5.79%
Raiffeisenlandesbank Kärnten 5.63%
Raiffeisenlandesbank Burgenland 4.62%
Raiffeisenlandesbank Vorarlberg 4.59%
Zveza Bank 0.04%
Total Regional Raiffeisen Banks** 87.70%
ÖVAG 5.11%
UNIQA Versicherungen AG 2.62%
RWA Raiffeisen Ware Austria 2.56%
Hypo Investmentbank AG 1.20%
Landeshypothekenbank Steiermark AG 0.63%
Hypo Tirol Bank AG 0.17%
Other 0.01%
Total other than Regional Raiffeisen Banks 12.30%
Total 100.00%
* Ordinary and preference shares held directly or indirectly.
** 81.19 percentage points of which held by R-Landesbanken-Beteiligungs-GmbH.
Solid own funds
Compared with year-end 2006, RZB's total own funds have increased by 5.5 per cent to 8,035 million euros on 30 June 2007. The group showed an excess-cover ratio of 26.7 per cent at 30 June. The own-funds ratio amounted to 10.1 per cent, the core-capital ratio to 8.1 per cent. In total, RZB therefore shows a healthy capital base sufficient for its medium-term plans.
RZB's strong roots in Austria are also reflected in its ratings: Standard & Poor's assigned to RZB a long-term rating of and A+ and A(1) for the short-term, Moody's rated RZB Aa2 and P(1).
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| | Kapcsolódó weboldal |
Sajtókapcsolat |
| Referens: | Nagy Edina |
| edina.nagy@raiffeisen.hu |
| +36 1 484-4479 |
| Cég: | Raiffeisen Bank |
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