MFB Magyar Fejlesztési Bank Capital increase (0431W)
17 Dezember 2021 - 11:29AM
UK Regulatory
TIDM15QG
RNS Number : 0431W
MFB Magyar Fejlesztési Bank
17 December 2021
Announcement
on Capital Increase
In accordance with the extraordinary disclosure obligation
stipulated under Section 55 of (Hungarian) Act CXX of 2001 on the
Capital Market, MFB Hungarian Development Bank Private Limited
Company (hereinafter: MFB Zrt.; or the Company) informs its
investors of the following changes:
By issuing the Founders's resolution No. 25 /2021. (XII.3.) t he
exerciser of the ownership rights over MFB Zrt. acting in
accordance with its authority stipulated under point 8.2.(j) of the
Articles of Association of MFB Zrt ordered to increase the share
capital of MFB Zrt. by HUF 39 billion (thirty-nine billion
Hungarian Forints) to be paid in by cash contribution.
Based on the above mentioned Founder's resolution the share
capital of MFB Zrt. was increased by HUF 39 billion (thirty-nine
billion Hungarian Forints) paid in by cash contribution. As a
result of the capital increase, the share capital of MFB Zrt. is
HUF 304.9 billion (three hundred and four billion nine hundred
million Hungarian Forints).
The capital increase was carried out by the Minister Without
Portfolio Responsible for the Management of National Assets
exercising the ownership rights over MFB Zrt, by way of payment of
cash contribution in the amount of HUF 39 billion (thirty-nine
billion Hungarian Forints) to the bank account of MFB Zrt. held
with the central bank of Hungary.
Budapest, 17 December 2021
MFB Hungarian Development Bank Private Limited Company
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