Annual report of VP Bank Ltd, Vaduz
The annual report of VP Bank Ltd is largely evident from the consolidated annual report of VP Bank Group.
As of the balance-sheet date, VP Bank Ltd, Vaduz, and its subsidiaries held in total 594,774 bearer shares as well as 125,912 registered shares (prior year: 111,634 bearer shares and 209 registered shares). This equates to a capital share of approximately 9.2 per cent (prior year: 1.9 per cent). In addition, reference is made to the notes to the relevant annual financial statements regarding the number of and changes in treasury shares in the parent company.
In keeping with the spirit of the Group’s long-term dividend policy, the Board of Directors will propose a dividend of CHF 4.00 per bearer share and CHF 0.40 per registered share (prior year: CHF 3.00 per bearer share and CHF 0.30 per registered share) at the annual general meeting of shareholders to be held on 29 April 2016.