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2008-07-25 13:31:32 CEST 2008-07-25 13:32:32 CEST REGULATED INFORMATION Ukio Bankas AB - Notification on material eventThe sale of subsidiaries of AB Ukio bankas24 July 2008, Ukio bankas sold the shares and claims of its three subsidiaries UAB Turto valdymo strategija, UAB Turto valdymo sprendimai and UAB Turto valdymo sistemos, which via OAO Russkij Karavaj financed and controlled the investment to real estate in Moscow project for LTL 282.8 million (EUR 81.9 million). Bank's realized profit from the transaction of sale of subsidiaries is LTL 27 million (EUR 7.8 million). The funds received will be used to strengthen the liquidity base and expand lending in Lithuania. Rolandas Balandis Head of International Banking Division Ph.: +370 37 301370 |
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