In order to prevent the dissemination of incorrect information regarding the recent holding of the General Shareholders Meeting, PJSC AKB "ARCADA" considers it necessary to inform the following.
The purpose of holding an extraordinary General Meeting of Shareholders was the completion of the procedure for the implementation of the sixteenth additional issue of the Bank's shares and increase of the registered authorized capital of the bank up to UAH 320,445,042.00, made on the basis of the decision of the annual General Meeting of Shareholders of 06.04.2016. Note that the increase of the authorized capital of the Bank is carried out in pursuance of the Resolution of the Board of the NBU dated August 6, 2014, No. 464 "On bringing the authorized capital of banks in accordance with the minimum size".
It should be noted that a number of shareholders, namely: CAPITAL-CAPITAL-INVEST LLC, Development and Perspectives Ltd. and Investments in the Future LLC, do not wish or can not make financial contributions to the authorized capital of the Bank at their own expense for the necessity of bringing its size to the minimum set by normative acts of Ukraine.
Therefore, the above-mentioned shareholders have set the goal in any way to prevent the holding of the General Meeting of Shareholders or, in the case of them, to recognize the decisions taken on them inadmissible. As there are no legally sound legal grounds for recognizing the General Shareholders Meeting of the Bank, the aforementioned shareholders chose last year's tactics of "not falling" on such Fees for further prosecution of intentional failure. A similar reason for "not admitting shareholders" to invalidate the General Meeting was applied by the shareholders at the General Meeting of Shareholders held on 06.04.2016. However, the groundlessness of such allegations was confirmed by the decision of the Commercial Court of Kyiv, which came into force. By this court judgment, the General Meeting was declared legal and conducted in accordance with the requirements of Ukrainian legislation.
Assuming a similar development of events from CAPITAL-INVEST LLC, LLC Development and Prospects and LLC Investments into the Future, the Bank appealed to the National Commission on Securities and Stock Market and the National Bank of Ukraine with a request to ensure the presence of representatives for supervision by registration of shareholders and holding of the General Meeting of Shareholders. Unfortunately, the Bank's requests were left without satisfaction.
We want to emphasize that on January 20, 2017 The general meeting of shareholders was held in compliance with the current legislation, they took all necessary decisions for the Bank to meet the requirements of the National Bank of Ukraine. All shareholders who intended to come and take part in the General Meeting of Shareholders of the Bank - were able to freely access and participate in them.
Given the foregoing, please understand the perception of information that may appear in the media based on unreliable and / or false statements and without official comments from the Bank.