| 31.12.2016 | 31.12.2015 | ||
|---|---|---|---|---|
| No. of | Nominal | No. of | Nominal |
Registered shares A of CHF 10.00 nominal value | 6,015,000 | 60,150,000 | 6,015,000 | 60,150,000 |
Registered shares B of CHF 1.00 nominal value | 6,004,167 | 6,004,167 | 6,004,167 | 6,004,167 |
Total share capital |
| 66,154,167 |
| 66,154,167 |
All shares are fully paid up.
All proposals made by the Board of Directors were approved at the 53rd annual general meeting of VP Bank in Vaduz on Friday, 29 April 2016. The annual general meeting also approved the proposal of the Board of Directors that the Articles of Incorporation be changed for the conversion of bearer shares into registered shares. Developments at an international level necessitate greater transparency regarding the ownership structures of legal entities. In this context, the Board of Directors proposed that the listed VP Bank bearer shares each with a nominal value of CHF 10.00 be converted into registered shares A with the same nominal value. The existing, non-exchange-listed registered shares with a nominal value of CHF 1.00 remain unchanged as registered shares B and will not be traded on the stock exchange in future either. The first trading day for the registered shares A was on 6 May 2016.