Šiauliai, Lithuania, 2015-05-27 08:00 CEST (GLOBE NEWSWIRE) --
On 26 May 2015 the amended Charter of Šiaulių bankas AB with the authorized capital increased up to EUR 85,033,800 was registered in the Register of Legal Entities. The authorized capital of the bank was increased from the bank funds following the resolution of the Ordinary General Shareholders Meeting held on 27 March 2015. 23,220,000 ordinary registered shares with nominal value of EUR 0.29 each have been issued from the capital reserve (share premium) and from retained earnings and are to be distributed to the shareholders free of charge in proportion to the total nominal value of shares (8.6 %) owned by them at the end of the day of accounting of rights of the Meeting (13 April 2015).
In the nearest future (planned by 1 June 2015) the records on general issue account of Šiaulių Bankas’ shares (securities ISIN code LT0000102253) with the Central Securities Depository of Lithuania shall be made and the new shares will be recorded to the personal securities accounts of the shareholders, opened with account managers. This moment shall be deemed as the enrollment of the newly issued shares into trading in the regulated market.
Chief Executive Officer Vytautas Sinius
Director of the Treasury Department Pranas Gedgaudas provides additional information on the stock event and is available on tel.: +370 41 595653.