BLOM Bank Calls its Shareholders for an Extraordinary General Assembly

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:

  1. Take a decision  about  the  redemption  and  the cancellation  of  all  the  20 million Preferred Shares Series 2011 issued by the bank
  1. 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
  1. Modify article 6 of the Bank’s By Laws
  1. 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
  1. Any matters which could arise

Leave a Reply

Your email address will not be published. Required fields are marked *