The Management Board decided to purchase own shares in order to grant them to the employees
Source: GlobeNewswireThe Management Board of Šiaulių Bankas AB (hereinafter the Bank), pursuant to Article 54 (21 ) of the Law on Companies of the Republic of Lithuania passed a resolution at the meeting held on 24 January 2023 to acquire 2 491 317 own shares (securities ISIN code LT0000102253) with the aim of granting purchased shares to the employees of the Bank and the Bank's subsidiaries as a deferred part of share-based variable remuneration.
Shares will be purchased on the Nasdaq Vilnius tender offer market on 25-26 January 2023 with a settlement day on 27 January 2023. The acquisition price per share is 0.75 euro.
Additional information:
Tomas Varenbergas
Head of Treasury & Markets
tomas.varenbergas@sb.lt, +370 5 203 22 00
