At extraordinary shareholder meetings held on Tuesday, April 26, shareholders of Promsvyazbank and Samara-based Pervvobank approved a decision on the banks' reorganization by folding Pervobank into Promsvyazbank. The relevant press releases were posted on Wednesday on the portal for the disclose of corporate information.
To remind, the agreement on the merger of these banks was penned back in July 2015.
The press releases run that this decision was approved by 100% of Pervobank's votes, while 96.32% of Promsvyazbank shareholders cast their votes, and of this number 99.999997% upheld the organization (0.000003% voted in the negative).
Beneficial owners of both banks are brothers Alexei and Dmitry Ananievs who presently control equal stakes via Promsvyaz Capital B.V. a 50.03% holding in Promsvyazbank and 90% of Pervobank. Victor Pichugov, another general shareholder and a former senator, holds 10% takes in Promsvyazbank and Pervobank.