Canara Bank - Canara Bank- Employee Share Purchase Scheme (Canbank ESPS)

| Updated on January 19, 2019

In Continuation to our letters MD&CEO:SD:1445/1446:2018 dated 27/06/2018, MD&CEO:SD:1828/1829/11/12:2018 dated 26/07/2018 and MD&CEO: SD: 19/20:11/12:2019 dated 08/01/2019 on the Canara Bank- Employee Share Purchase Scheme (CanBank ESPS), We further inform the Exchange that the Committee for ESPS in its meeting held on 19/01/2019 has decided the following

1. To issue up to 2,00,00,000 (Two Crore) new equity shares (face value of Rs. 10/- each) under first tranche out of total 6,00,00,000 (Six Crore) equity shares approved under CanBank - ESPS at a price of Rs 186/- per each equity share (As per approved pricing formula - Average of Weekly High and Low of the Volume Weighted Average Prices of the equity shares quoted on NSE during the two weeks preceding the date of Committee fixing the offer price).

2. The issue/offer will open on Monday, 21.01.2019.

Pdf Link: Canara Bank - Canara Bank- Employee Share Purchase Scheme (Canbank ESPS)

Source : BSE - www.bseindia.com

Published on January 19, 2019

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