Invalda INVL sells part of Artea Bank shares to long-term shareholder
GlobeNewswire·2025-05-20 13:35
On 19 May 2025, Invalda INVL, the asset management group and the largest shareholder of Artea Bank, sold small part of its stake (2 million or 0.3% of the authorized capital) to remain compliant with the 20% ownership threshold set by the European Central Bank (ECB). Shares were acquired by Algirdas Butkus, the founder and one of the main shareholders of the bank. "With the ECB's permission, Artea Bank has bought back its own shares and will cancel them by a resolution of the general meeting of shareholders ...