We inform that AB bank SNORAS shareholders exercised their right of pre-emption in the first and second stages of the common share issue offering and signed and paid for 370 191 362 shares. 9 891 531 shares remained unsigned and are available for acquisition in stage III.
During stage III shares will be offered under the following procedure:
1. Shares will be offered to all investors applying for the purchase of AB bankas SNORAS shares remaining after Stage II in proportion to the number of shares specified in their application.
2. Applications will be accepted on 18, 19, 20 April 2011 from 8 a.m. until 5 p.m. at the head office or any branch of AB bankas SNORAS. Investors or their authorized representatives must apply in person, i.e. applications submitted by fax, mail etc. will not be accepted.
3. Subscribed shares shall be paid for within three calendar days since the signing of the application.
4. Distribution of shares against the submitted applications will take place on 26 April 2011.
5. Signing of agreements.
The prospectus for the issue is available in the head office or any branch of AB bankas SNORAS as well as on the site: http://www.snoras.lt
Vladimir Streckij
Director of Finance Brokerage Department
Tel. +370 5 232 7212