Registration of amended Charter


Šiaulių Bankas AB, company code 112025254, address of the head office Tilžės str. 149, Šiauliai, Lithuania.

On 13 December 2018 the amended Charter of Šiaulių Bankas AB (hereinafter - the Bank) was registered at the Register of Legal Entities with authorized capital increased up to EUR 174 210 616.27.The authorized capital of the Bank was increased by additional contributions following the resolution of the Ordinary General Shareholders Meeting held on 24 September 2018. 57 142 857 ordinary registered shares with nominal value of EUR 0.29  each at issue price of EUR 0.35 have been issued to increase the authorized capital. All issued shares have beensubscribed and paid by the European Bank for Reconstruction and Development (hereinafter – the EBRD), by exercising the right to convert a subordinated convertible loan granted by the EBRD tothe Bank to Bank shares.

In the nearest future (likely by 20 December 2018) the records will be made in the general share issue account of Šiaulių Bankas' shares  (Securities ISIN code LT0000102253) with the depository Nasdaq CSD and the shares will be provided to EBRD by recording them into the EBRD's securities account with the account manager. This moment will also be deemed as admission of the newly issued shares to trading on regulated markets.

Furthermore, the Shareholder Agreement will expire on that date when the shares are transferred to the EBRD as provided for in the report as of 08 October 2018.

Deputy Director of Markets and Treasury Department Pranas Gedgaudas shall provide additional information on tel. +370 41 595653.

Attachment


Attachments

Charter_20181213_(eng)