Life insurance company CIG Pannonia Nyrt has converted 1.13m employee shares into ordinary shares pursuant to an earlier board decision, the company announced on Wednesday evening.
As of February 1, the shares have been converted into dematerialised registered ordinary "A" series voting shares with face value of HUF 40 per share. As a result of the conversion, "B" series employee shares have been converted into "A” series ordinary shares.
CIG Pannonia now has 63,283,203 ordinary shares, with combined face value of HUF 2,531,328,120, which equals registered capital.
(HUF 100 = EUR 0.3713)