2 Capital structure
As at 31 December 2012, the share capital of the Liechtensteinische Landesbank stood at CHF 154 million (30'800'000 fully paid up bearer shares with a nominal value of CHF 5.–).
2.2 Conditional and approved capital
On the balance sheet date, the Liechtensteinische Landesbank had no conditional capital and no approved capital.
2.3 Changes to capital
2.4 Shares and participation certificates
As at 31 December 2012, the share capital amounted to 30'800'000 fully paid up shares made out to the bearer with a par value of CHF 5.–. With the exception of the LLB shares held by the Liechtensteinische Landesbank and its subsidiaries (2'379'236 shares), all the shares are eligible for dividend. As at 31 December 2012, share capital eligible for dividend therefore amounted to CHF 142.1 million. In principle, all LLB shares are eligible for voting (one share, one vote). However, on account of the regulations concerning the purchase of own shares (Art. 306a ff. PGR / Liechtenstein Person and Company Law), the shares held by the Liechtensteinische Landesbank and its subsidiaries are not eligible for voting. There are no priority rights or similar entitlements. Shareholders have a subscription right with the issue of new shares, which entitles them to subscribe to new shares in proportion to the number of shares they already hold.
The Liechtensteinische Landesbank has not issued participation certificates.
2.5 Profit-sharing certificates
The Liechtensteinische Landesbank has not issued profit-sharing certificates.
2.6 Transfer limitations and nominee registrations
The Liechtensteinische Landesbank exclusively issued bearer shares; these are fully transferable.
2.7 Convertible bonds and options
As at 31 December 2012, the Liechtensteinische Landesbank had no options on its own shares outstanding.