The Board of Directors of BLOM Bank S.A.L convened on Friday, April 7th, 2017 and took the decision to call the shareholders of the Bank to hold an Extraordinary General Assembly Meeting on Friday, April 28th, 2017 at 12.30 p.m in Beirut- Lebanon at the Bank’s Headquarters at Verdun, BLOM BANK S.A.L building and fixed the agenda of the meeting as follows:
- Take a decision about the redemption and the cancellation of all the 20 million Preferred Shares Series 2011 issued by the bank
- Increase of the Bank’s Capital concomitantly with the redemption and the cancellation of the Series 2011 Preferred Shares and execute all the related necessary procedures
- Modify article 6 of the Bank’s By Laws
- Give the Board of Directors all the powers to verify the redemption and the cancellation of the Series 2011 Preferred Shares and the increase of the capital
- Any matters which could arise
