Vilnius Stock Exchange to list Siauliu bankas AB corporate bond issue

26.10.2005 VLN

Such a decision was made at the VSE Management Board meeting on October 26, 2005. Sauliu bankas AB will be the 6th issuer to list its corporate bonds on VSE.

A 366-day issue of 200,000 corporate registered bonds at LTL 100 (EUR 28.96) face value of Siauliu bankas AB is admitted to the Bond List of the VSE. The total nominal value of the issue amounts to LTL 20,000,000 (EUR 5,792,400). The corporate bond issue was registered with the Lithuanian Securities Commission on July 7, 2005 (securities’ registration act No B–5292). The bonds will be redeemed on July 19, 2006. The bonds give a right to annual interest of 3.4%.

On July 30, 2005, the authorized capital of Siauliu bankas AB amounted to LTL 56,000 thousand (EUR 16,219 thousand) and shareholders’ equity stood at LTL 70,208 thousand (EUR 20,334 thousand). Unaudited net profit of the bank during the first 9 months of 2005 reached LTL 7,051 thousand (EUR 2,042 thousand). In 2004 and 2003, the net profit of the company made LTL 6,513 thousand (EUR 1,886.3 thousand) and LTL 4,154 thousand (EUR 1,203.08 thousand) accordingly.

As of June 30, 2005, the total number of the bank’s shareholders stood at 1586. The largest shareholders (holding more than 5% of all company votes) are the following: Skandinaviska Enskilda Banken clients (Sweden) – 8.17%, Gintaras Kateiva  – 7.79%, Aiva trading house UAB –  7.75%.
 
For more information:

Diana Sokolova, Marketing and Communications Manager
OMX Exchanges/ Vilnius Stock Exchange +370 5 272 13 71

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