Siauliu Bankas - Notification on material event

The amended Charter with the increased authorized capital has been registered

Šiauliai, Lithuania, 2016-05-27 08:40 CEST (GLOBE NEWSWIRE) -- 

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

On 26 May 2016 the amended Charter of Šiaulių Bankas AB with the authorized
capital increased up to EUR 109 471 658.33 was registeredat 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 30 March 2016. 62 914 746 ordinary registered shares with nominal value
of EUR 0.29 each have been issued from the retained earnings and are to be
distributed to the shareholders free of charge in proportion to the total
nominal value of shares (20%) owned by them at the end of the day of accounting
of rights of the Meeting (13 April 2016). 

In the nearest future (planned by 1 June 2016) the records on general issue
account of Šiaulių Bankas’shares (securities ISIN code LT0000102253) with the
Central Securities Depository of Lithuania shall be made and the new shares
will be recorded to the personal securities accounts of the shareholders,
opened with account managers.This moment shall be deemed as the enrollment of
the newly issued shares into trading in the regulated market. 

Chief Executive Officer   Vytautas Sinius


         Deputy Director of Markets and Treasury Department Pranas Gedgaudas
shall provide additional information on the stock event and is available on
tel.: +370 41 595653.

Attachments:

Charter_translation_20160526.pdf