Siauliu Bankas - Notification on material event

Transactions, related to the payment of the variable remuneration in the Bank’s shares, have been entered

Šiauliai, Lihuania, 2014-05-21 15:31 CEST (GLOBE NEWSWIRE) -- 

In order to pay a portion of the variable remuneration to the employees' group
in the form of the Bank's shares as foreseen by the requirements of the
Variable Remuneration Policy set by the Bank of Lithuania, the transactions of
the Bank's share purchase were entered during the NASDAQ OMX Vilnius trading
session on 20 May 2014 in compliance with the joint order of the employees'
group. 422 398 units of the Bank's shares purchased through these transactions
shall be settled by the Bank and „Šiaulių banko lizingas“ UAB, thereby,
fulfilling the obligation to pay the portion of the variable remuneration in
the Bank's shares. 



Chief Executive Officer  Vytautas Sinius


         Head of Legal and Administration Division Živilė Skibarkienė shall
provide the additional information and is available on tel. +370 5 2602027