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07.06.06

Raiffeisen International shareholders’ meeting authorizes capitalincrease.

Shareholders'' meeting authorizes the Managing Board to increase theordinary share capital by up to 50 per cent. Dividend of€ 0.45 per share approved.

Today, Raiffeisen International Bank-Holding AG conducted its firstshareholders'' meeting since its flotation at the Vienna Stock Exchangein April 2005. With about 700 attendants, it was one of the largestshareholders'' meetings in the recent history of Austrian listedcompanies.

Herbert Stepic, CEO of Raiffeisen International:"The group''s marketcapitalisation has more than doubled since the IPO. The group iscurrently valued at€ 9.4 billion. The IPO was a success for all parties involved. We are growing, we create value – and we are doing it sustainably."

The shareholders of Raiffeisen International enjoy a robust capital gainsince the Initial Public Offering (IPO). The share price advanced bymore than 70 per cent until the end of 2005 and further gained 27 percent in the first quarter of 2006. Since the IPO the overall share priceperformance is 103 per cent, leaving the ATX (plus 40 per cent) as wellas the Dow Jones EURO STOXX Bank (plus 27 per cent) well behind. (AllData based on closing prices on 6 June 2006)

The shareholders'' meeting has authorized the Managing Board to increasethe ordinary share capital by up to 50 per cent. At the same time theshareholders approved a dividend of€ 0.45 per share for the business year 2005. This translates into a payout amount of € 64.2 million and a payout ratio of 16.8 per cent. Ex-dividend date will be 13 June 2006.

The Supervisory Board Members Walter Rothensteiner (Chairman), ManfredUrl (Deputy Chairman) and Karl Sevelda, all Members of the ManagingBoard of Raiffeisen Zentralbank Osterreich AG, were confirmed for fivemore years. The reports from the Managing Board and the SupervisoryBoard as well as the remaining items of the agenda were approved by avast majority of votes.

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Raiffeisen International operates one of the leading banking networks inCEE with subsidiary banks and leasing companies in 16 markets. More than10 million customers are attended through approximately 2,700 businessoutlets. In seven markets, the respective Network Bank ranks among thethree largest local banks. Representative offices in Lithuania andMoldova complement the Group''s presence in the region. RaiffeisenInternational is a fully consolidated subsidiary of RaiffeisenZentralbank ?sterreich AG (RZB), which owns 70 per cent of the commonstock. The remaining 30 per cent is free float, the shares are traded onthe Vienna Stock Exchange. RZB is a leading corporate and investmentbank in Austria and the central institution of the Austrian RaiffeisenBanking Group, the country''s largest banking group.

Raiffeisen International''s balance-sheet total amounted to€ 41.9 billion at the end of the first quarter 2006. Consolidated profit (after minorities) increased by 34 per cent to € 124 million, compared with the first quarter 2005.

For further information please contact Michael Palzer (+43.1/71707-1504, michael.palzer@ri.co.at) or Lars D. Hofer (+43.1/71 707-1930,lars.hofer@ri.co.at).

http://www.ri.co.at, http://www.rzb.at

 

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