Notification on material event
Regarding the subsequences of UAB “Zalgirio sporto arena” shares takeover transaction
AB Ukio bankas, company code 112020136, address: 25 Maironio str., LT-44250 Kaunas.
In response to recent public discussions and considerations regarding 357 million litas 94.9 percent of UAB “Zalgirio sporto arena” shares takeover transaction completed by AB Ukio bankas, hereby we announce that this transaction will not have direct impact on AB Ukio bankas group’s and AB Ukio bankas’ liquidity and capital adequacy. Concluding the UAB “Zalgirio sporto arena” shares takeover transaction, the Bank arranged for contractual obligations that previous borrowers at any time in a future would cover any losses from any impairment of shares or assets arising from this transaction.
Chairman of the Board – Chief Executive Officer Arnas Zalys, 15.11.2012.
Arnas Zalys, Chairman of the Board - Chief Executive Officer, +370 37 301 440.