Form 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2014

 

 

Woori Bank

(Translation of Registrant’s name into English)

 

 

51, Sogong-ro, Jung-gu, Seoul, 100-792, Korea

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

Change in the Largest Shareholder of Woori Bank

On November 19, 2014, Woori Bank reported that, as of November 3, 2014, its largest shareholder changed from Woori Finance Holdings Co. Ltd., (which held 596,690,380 shares, formerly representing a 100% equity stake) to Korea Deposit Insurance Corporation (which held 385,285,578 shares, representing a 56.97% equity stake).

The change in the largest shareholder was caused by the merger of Woori Finance Holdings Co. Ltd., (parent company & non-surviving entity) with and into Woori Bank (wholly-owned subsidiary & surviving entity).

As a result of the merger Woori Bank acquired the 596,690,380 registered common shares and then cancelled the shares in accordance with capital reduction procedures. Woori Bank then newly issued 676,278,371 registered common shares.

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Woori Bank
    (Registrant)
Date: November 19, 2014     By:  

/s/ Seung-Gyu Kim

    (Signature)
    Name:   Seung-Gyu Kim
    Title:   Executive Vice President

 

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