Šiaulių Bankas AB, company code 112025254, domicile address Tilžės st. 149, LT-76348 Šiauliai, Lithuania.
The Board of Šiaulių Bankas AB (hereinafter the Bank), pursuant to Article 54 (21 ) of the Law on Companies of the Republic of Lithuania, passed a resolution at the meeting held on 7 May 2019 to purchase 1,176,485 shares of the Bank with the aim of granting purchased shares to the employees of the Bank and the Bank's subsidiaries as a deferred part of the 2019 share-based variable remuneration. Shares will be purchased on the Nasdaq Vilnius Stock Exchange official offer market from 9 May 2019 to 22 May 2019. The maximum acquisition price per share is 0.525 euro.
The purchased shares will be transferred to the employees of the Bank and the Bank's subsidiaries in accordance with the transfer deeds.
This share purchase is not related to the decision of the General Meeting of Shareholders held in 28 March 2019 to purchase own shares.
Additional information shall be provided by Director of Markets and Treasury Department Tomas Varenbergas, tel. +3705 2032 200.