Transactions, related to the payment of the variable remuneration in the Bank’s shares, have been entered

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| Source: Siauliu Bankas
multilang-release

Šiauliai, Lihuania, 2014-05-21 15:31 CEST (GLOBE NEWSWIRE) --  

In order to pay a portion of the variable remuneration to the employees’ group in the form of the Bank’s shares as foreseen by the requirements of the Variable Remuneration Policy set by the Bank of Lithuania, the transactions of the Bank’s share purchase were entered during the NASDAQ OMX Vilnius trading session on 20 May 2014 in compliance with the joint order of the employees’ group. 422 398 units of the Bank’s shares purchased through these transactions shall be settled by the Bank and „Šiaulių banko lizingas“ UAB, thereby, fulfilling the obligation to pay the portion of the variable remuneration in the Bank’s shares.

 

Chief Executive Officer  Vytautas Sinius

         Head of Legal and Administration Division Živilė Skibarkienė shall provide the additional information and is available on tel. +370 5 2602027