Lithuania, Šiauliai, 2013-06-04 08:21 CEST (GLOBE NEWSWIRE) --
On 31 May 2013 the amended Charter of Šiaulių bankas AB with the increased authorized capital up to LTL 250 mln (EUR 72.4 mln.) 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 28 March 2013. 15,142,467 ordinary registered shares of LTL 1 nominal value each were issued from the capital reserve (share premium) and shall be distributed to the shareholders free of charge in proportion to the total nominal value of shares (6,4475%) owned by them at the end of the day of accounting of rights of the Meeting (12 April 2013).
In the nearest future the records will be made on general issue account of Šiaulių bankas shares with the Central Securities Depository of Lithuania in order to assimilate the new issue of shares with the ordinary registered shares issue of LTL 1 nominal value of Šiaulių bankas (Securities ISIN code LT0000102253), and the shares will be recorded to the personal securities accounts of the shareholders. Moreover, this moment shall be deemed as the enrollment of the newly issued shares into trading in the regulated market.
Deputy Chief Executive Officer Algirdas Butkus
Director of the Treasury Department Pranas Gedgaudas provides additional information on the stock event and is available on tel.: +370 41 595653