logo BCGE
Individuals  
Corporates  
log on Online solutions

dialogue

the BCGE
magazine

About the BCGE

Contact

21 branches, only one number

058 211 21 00

(Mon. to Fri. from 7.30am to 7.30pm and Sat. from 9am to 4pm)
Contact forms

Address

Banque Cantonale de Genève
Quai de l'Ile 17 - CP 2251
1211 Genève 2

Fax : +41 58 211 21 99

BIC/SWIFTBCGECHGGXXX
Clearing/CB788
CCP CHF12-1-2
CCP EUR91-518772-8
TVA/IDECHE-105.981.074
GIIN:   CGGLK0.00000.LE.756
LEI:   549300ZEFUWWFTP7BA50

BCGE branches and ATMs

You are looking for ?

Where ?

Emergency numbers security cards

Emergency numbers :

Security and protection :

Conversion of BCGE's share capital


Introduction of the single registered share following the entry into force of the new Articles of Association

At the AGM on 26 April 2016, BCGE shareholders adopted amendments to the Articles of Association required for introduction of a single registered share. Following ratification by Geneva's Grand Council, the new Articles of Association came into force on 28 January 2017.

Each listed bearer share with a par value of CHF 100 has been converted into two registered shares with a par value of CHF 50. Unlisted A and B registered shares with a par value of CHF 50 each has also been converted into new registered shares (in a 1-for-1 exchange ratio). Each new registered share entitles the shareholder to one vote. Listing of the new registered shares has been authorised by SIX Swiss Exchange.

Amendment of the Law on Banque Cantonale de Genève

The Law on Banque Cantonale de Genève (LBCGe), which came into force on 1 April 2016, now makes provision for the Bank's capital to be divided into registered shares of identical par value, each share giving the right to one vote.

On 26 April 2016, the AGM of BCGE shareholders adopted amendments to the Bank's Articles of Association in order to reflect this amendment of the LBCGe. In particular, the new Articles of Association set the par value of the registered share at CHF 50.

These amendments to the Articles of Association were formally approved by FINMA and ratified by the Grand Council of the Republic and Canton of Geneva. They came into force on 28 January 2017, enabling the effective conversion of the shares to go ahead.

It should be borne in mind that the purpose of introducing a single share is to boost the liquidity and attractiveness of the share on the capital market, enhance the transparency of the shareholding structure, relinquish bearer shares pending future changes to Swiss legislation, and facilitate compliance with the new regulatory requirements.

Automatic conversion of the shares

The three previous share categories have been replaced by a single category of registered shares listed on the SIX Swiss Exchange. This conversion has been done automatically and has required no action by shareholders themselves.

Each bearer share with a par value of CHF 100 has been converted into two single registered shares with a par value of CHF 50. Unlisted A and B registered shares, with a par value of CHF 50 each, has been replaced by the new single registered shares.

Conversion of the shares has been done on 2 February 2017, which is the first day on which the single registered shares are traded on the stock exchange. Zürcher Kantonalbank is responsible for conversion of the shares.

After conversion, Banque Cantonale de Genève's share capital, totalling an unchanged CHF 360,000,000, was consisting of 7,200,000 registered shares, each with a par value of CHF 50.

Action to be taken by shareholders

For holders of bearer shares or A or B registered shares who keep their shares in a securities custody account opened at a bank, conversion into new single registered shares has been done automatically.

On the other hand, holders of bearer shares who keep their shares at home or in a safe deposit must immediately forward these shares to their bank so that they can be converted into the new single registered shares. Furthermore, shareholders who own or subsequently acquire registered shares in the form of intermediated securities of another company, which are held in a BCGE securities custody account, are automatically entered in that other company's Register of Shareholders.

Registration in the Register of Shareholders in advance in order to attend general meetings

The Swiss Code of Obligations stipulates a special regime for registered shares: only those shareholders whose names are registered in the company's Register of Shareholders are authorised to exercise their voting rights and related share rights. If the shareholder's name is not registered, personal membership rights are suspended, and the shareholder is not allowed to attend the company's general meetings.

To be authorised to attend the Bank's general meetings, shareholders must apply for their names to be registered in the Bank's Register of Shareholders. To register, shareholders must use the application form made available by the Bank.


Exchange rates

25.04.2018

EUR EUR Atm 1.219 
EUREUR 1.2293 cours euro en hausse
USDUSD1.0244 cours usd en hausse
GBPGBP1.4361 cours usd en hausse
YENYEN0.9358 cour du yen en hausse
EUR EUR Atm 1.180 
EUREUR1.1693 cours euro en hausse
USDUSD0.9380 cours usd en hausse
GBPGBP1.3045 cours usd en hausse
YENYEN0.8638 cour du yen en hausse

Indicative informations

BCGE group investment strategy

Stock market prices

BCGE 178.50 -0.83% cours en baisse
SMI 8,700.93 -1.09% cours en baisse
cours action bcge Data source: SIX Financial Information SA
© 1999-2018 BCGE
   Banque Cantonale de Genève
   Case postale 2251
   1211 Genève 2
   Tél: 058 211 21 00