Shareholders of Šiauliu bankas, AB approved the right to acquire the new issued shares to Invalda INVL, AB


Vilnius, Lithuania, 2015-06-22 15:26 CEST (GLOBE NEWSWIRE) -- Šiauliu bankas announced that shareholders of the company approved the new issue of 23.35 million  shares, and offered the right to acquire new shares to the public joint-stock company Invalda INVL. The price of EUR 0.29 per share was set.

The new issue of Šiauliu bankas shares are intended to settle for the aquisition of the shares of the bank Finasta and brokerage company Finasta from Invalda INVL and other investors. The exact number of shares acquired by Invalda INVL will be known on the day of the completion of the deal.

Closing of the deal regarding integration of Finasta banking activities into Šiauliu bankas is planned after permits of Bank of Lithuania and Competion council are received. 

         The person authorized to provide additional information:
         Darius Sulnis
         President
         Phone +370 5279 0601
         E-mail: darius.sulnis@invl.com