MFB Magyar Fejlesztési Bank Withdrawal from Establishment of a Foundation
May 24 2024 - 4:30AM
RNS Regulatory News
RNS Number : 8358P
MFB Magyar Fejlesztési Bank
24 May 2024
Announcement
on
Withdrawal from Establishment of a Foundation
In accordance with the extraordinary
disclosure obligation stipulated under Section 55 of (Hungarian)
Act CXX of 2001 on the Capital Market and PM
(Minister of Finance) Decree No. 24/2008 (VIII.15.), MFB Hungarian
Development Bank Private Limited Company (hereinafter: MFB Zrt. or
Bank) informs the public of the following:
The establishment of the National
Business Development Knowledge Center Foundation (hereinafter:
Foundation) referred to in the announcement of MFB Zrt. published
on December 21, 2023, was withdrawn by the resolution of the
Founder No. 8/2024. (IV.18.) issued by the exerciser of the
ownership rights over MFB Zrt. in which the earlier resolution of
the Founder No. 32/2023. (XII.15.) on Participation in
Establishment of a Foundation was revoked. The amount of HUF
300.000.000 (three hundred million Hungarian forints) provided by
MFB Zrt. as initial contribution to the Foundation was repaid to
the Bank.
Budapest, 24 May 2024
MFB
Hungarian Development Bank Private Limited Company
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