Published: 2019-04-23 12:29:51 CEST
Siauliu Bankas
Other information

Dividend Payment Procedure

Šiaulių Bankas AB, company code 112025254, domicile address Tilžės st. 149, LT-76348 Šiauliai.
The General meeting of shareholders held on 28 March 2019 approved allocation of the profit of Šiaulių Bankas AB which included a pay-out of dividends - 0.029 euro shall be paid for each ordinary registered share with a nominal value of 0.29 euro. Dividends shall be paid out to persons who were the shareholders of Šiaulių Bankas AB at the end of the day of accounting of rights (11 April 2019).

The Bank shall pay out dividends on 29 April 2019 in compliance with the following procedure:
- those shareholders whose shares are being accounted in the securities accounts with banks and financial brokerage companies rendering investment services will receive an amount of dividends after deduction of Personal Income Tax or Corporate Profit Tax in compliance with the laws of the Republic of Lithuania which shall be transferred to the accounts with the respective banks or financial brokerage companies;
- those shareholders whose shares are being accounted with Šiaulių Bankas AB will receive an amount of dividends after deduction of Personal Income Tax or Corporate Profit Tax in compliance with the laws of the Republic of Lithuania which shall be transferred to the bank account with Šiaulių Bankas AB, if a shareholder has an account with the bank. Those shareholders who do not have a bank account with Šiaulių Bankas AB shall receive dividends from 29 April 2019 in cash or to a bank account with another bank specified by the shareholder (applications regarding transfer of dividends to a bank account with another bank specified by a shareholder may be submitted in any customer service point of Šiaulių Bankas AB). 

Taxation of dividends:
- Dividends of natural persons residents of the Republic of Lithuania and foreign countries shall be subject to 15 per cent of the Personal Income Tax rate;
- Dividends of legal entities residents of the Republic of Lithuania and foreign countries shall be subject to 15 per cent of the Corporate Profit Tax rate, unless otherwise provided for in the laws.

Additional information shall be provided by Director of Securities Accounting Department Jolanta Dobiliauskienė, tel. +37041 595 669, e-mail jolanta.dobiliauskiene@sb.lt