AB Ukio bankas, company code 112020136, address: 25 Maironio str., LT-44250 Kaunas.
Hereby we announce that AB Ukio bankas completed 357 million litas 94.9 percent of UAB “Zalgirio sporto arena” shares takeover transaction and increased the stake of UAB "Zalgirio sporto arena” shares owned up to 100 percent. UAB “Zalgirio sporto arena” became the subsidiary company of the Bank. UAB “Zalgirio sporto arena” by proprietary right and according to lease agreements controls the land area and the real estate situated in this land area in the central part of Vilnius city. In order to maximize the value of the real estate project, the disintegration and realization of the separate parts of the project is scheduled, so the shares intercepted will be transferred to a newly established subsidiaries of AB Ukio bankas (UAB „ZSA 1“, UAB „ZSA 2“, UAB „ZSA 3“, UAB „ZSA 4“, UAB „ZSA 5“).
Chairman of the Board – Chief Executive Officer Arnas Zalys, 05.11.2012.
Mindaugas Pasvenskas, Head of Credit Division, +370 37 787 620.