Siauliu Bankas - Notification on material event

The amended Charter with the increased authorized capital has been registered

Šiauliai, Lithuania, 2015-05-27 08:00 CEST (GLOBE NEWSWIRE) -- 

On 26 May 2015 the amended Charter of Šiaulių bankas AB with the authorized
capital increased up to EUR 85,033,800 was registered in 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
27 March 2015. 23,220,000ordinary registered shares with nominal value of EUR
0.29 each have been issued from the capital reserve (share premium) and from
retained earnings and are to be distributed to the shareholders free of charge
in proportion to the total nominal value of shares (8.6 %) owned by them at the
end of the day of accounting of rights of the Meeting (13 April 2015). 

In the nearest future (planned by 1 June 2015) 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


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