The Union shall subscribe to 12102 additional shares of EUR 10000 each in the EBRD pursuant to Resolution No 265 on or before 30 June 2025, or such subsequent date not later than 31 December 2025 as the Board of Directors of the EBRD may determine on or before 30 June 2025.
The subscription shall be paid in five equal instalments, the first of which shall be paid by the later of:
(a) 30 April 2025; or
(b) 60 days after the instrument of subscription by the Union has become effective.
The remaining four instalments shall be paid by 30 April 2026, by 30 April 2027, by 30 April 2028 and by 30 April 2029, respectively.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
