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2013-04-26 15:33:15 CEST 2013-04-26 15:34:17 CEST REGULATED INFORMATION Siauliu Bankas AB - Notification on material eventProcedure for the pay-out of dividendsŠiauliai, Lithuania, 2013-04-26 15:33 CEST (GLOBE NEWSWIRE) -- The Ordinary General Meeting of Shareholders held on 28 March 2013 approved the bank's profit allocation which foresees the pay-out of dividends - LTL 0,005 per each share with nominal value of LTL 1. Dividends would be paid to those persons who at the end of the day of accounting of meeting rights (12 April 2013) were shareholders of the Bank. From 26 April 2013 the Bank will pay out the dividends in the following order: - for shares that are accounted on the shareholders' personal securities accounts with the banks and financial brokerage companies, which provide securities accounting services to shareholders, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of the Republic of Lithuania, will be transferred to the accounts held with respective banks or financial brokerage companies; - to the shareholders, whose shares in Šiaulių bankas AB the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholder's bank account held with Šiaulių bankas AB if the shareholder has such account opened with the bank. The shareholders who do not have a bank account with Šiaulių bankas AB the dividends will be paid out in cash or transferred to the bank account with other bank specified by the shareholder (applications for transfer of dividends to the bank account with other bank specified by the shareholder can be submitted in any outlet of Šiaulių bankas AB). Dividends will be taxed as follows: - dividends paid to natural persons-residents of the Republic of Lithuania and natural persons-residents of foreign countries are subject to withholding Personal income tax of 20 per cent; - dividends paid to legal entities of the Republic of Lithuania and legal entities-residents of foreign countries are subject to withholding Corporate income tax of 15 per cent, unless otherwise provided for by the laws. Chief Executive Officer Audrius Žiugžda Jolanta Dobiliauskienė, Director of the Securities Accounting Unit, provides additional information and is available on tel.: +370 41 595669. |
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