Wolf Theiss

WOLF THEISS ADVISES VTB BANK (AUSTRIA) AG ON A SUCCESSFUL CAPITAL INCREASE OF EUR 200 MILLION

Vienna, 07 September 2015 - VTB Bank (Austria) AG ("VTBA") has successfully increased its Common Equity Tier 1 capital ("CET 1") by way of a capital increase in the amount of EUR 199,995,107.00 up to a total of EUR 412,671,129.00.

The capital increase of VTBA was registered with the Austrian Commercial Register (Firmenbuch) at the Commercial Court (Handelsgericht) of Vienna on 4 September 2015.

The capital increase against contribution in kind was fully subscribed by VTBA's sole shareholder, JSC VTB Bank, Russia and was executed by contributing loan receivables under a subordinated loan agreement against issuing new shares.

Claus SCHNEIDER (Partner) and Christine SIEGL (Consultant), both members of the Practice Group Banking & Finance of WOLF THEISS, Vienna, provided legal advice and assistance to VTBA on all corporate law aspects of the transactions. They also advised in all relevant regulatory issues, in particular the necessary supervisory permission from the European Central Bank (ECB) and notification requirements to the Austrian Financial Market Authority (Finanzmarktaufsichtsbehörde (FMA)).

For further information please contact

Barbara Fürchtegott
Barbara
Fürchtegott
Public Relations & Communications Manager
T. +43 1 51510 3808
Schubertring 6
1010 Vienna
Austria

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