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Porter Bancorp, Inc. (PBIB), parent company of Limestone Bank, announced today that it has changed its name to Limestone Bancorp, Inc. The Company’s common stock will begin trading on the Nasdaq stock exchange under the ticker symbol LMST on June 19, 2018. Shareholders approved the corporate name change at the Company’s annual meeting on May 23, 2018. No further action is required by shareholders to complete the name change.
Porter Bancorp, Inc. (PBIB), parent company of Limestone Bank, announced today that its shareholders elected seven directors, approved a non-binding advisory vote on the compensation of the Company’s executives, approved an amendment to the Articles of Incorporation to change the Company’s name to Limestone Bancorp, Inc., approved an amendment to the Articles of Incorporation to extend certain restrictions on share transfer designed to protect the long-term value of accumulated tax benefits, approved the 2018 Omnibus Equity Compensation Plan, and approved a proposal to ratify the appointment of the Company’s independent registered public accounting firm.