The shares of Šiaulių bankas are enrolled into the index OMX Baltic 10
The shares of Šiaulių bankas are enrolled into the trading index OMX Baltic 10 (OMXB 10) of the securities market of the Baltic States, which has been updated for the second half-year.
Listed in the Main List of Vilnius Stock Exchange Šiaulių bankas has been evaluated as one of the ten most liquid companies in the Baltic States. According to the notification the weight of the shares of Šiaulių bankas will comprise 6.09 per cent of the index OMX Baltic 10. There are 121.033.512 bank’s shares in the public trading since May 2007 when the registration of the amendments in the Charter of Šiaulių bankas related to the increase of the authorized capital from the bank’s own funds took place.
The calculations of the newly structured index OMX Baltic 10 are going to be started on July 2nd 2007. The maximum weight of shares allowed per company will comprise not more than 15 per cent. An exact number of free shares of the companies enrolled in the index will be recorded and share weights will be published after the trading session on June 29th 2007.
The calculations of the index OMX Baltic 10 common to the shares of companies of all three Stock Exchange Agencies in Vilnius, Tallinn and Riga have been started for the first time in January this year. Its structure is reviewed twice a year, i.e. on January 1st and July 1st.
The shares of Šiaulių bankas are enrolled into all share indexes of OMX Baltic (OMXB) and Vilnius (OMXV) as well as in the common comparative index of the securities market of the Baltic States OMXBB which is to replace the present BALTIC index as the calculations of the latter are to be stopped on June 30th 2007.
Šiaulių bankas is a multipurpose bank that renders all the major banking services. The bank has become a partner for small and medium-sized business since its very establishment. It also actively finances municipal and regional projects and pays a lot of attention to the retail banking. Šiaulių bankas has 49 outlets in 29 towns of Lithuania. The European Bank for Reconstruction and Development is the major shareholder of the bank, however, Šiaulių bankas still remains one of the banks possessing the biggest share of the domestic capital.