OREANDA-NEWS. March 29, 2010. At ordinary shareholders’ meeting a resolution was taken to increase AB Ukio bankas statutory capital by supplementary contribution up to LTL 295 824 000 issuing new LTL 50 million, i. e. 50 million ordinary shares LTL 1 par value emission. Ukio bankas statutory capital increases over 20 percent.

Ukio bankas statutory capital is increased by supplementary contributions converting subordinate loan received from Vladimiras Romanovas to new emission ordinary shares. Price of new shares emission – LTL 1 (one) for a share.

Ukio bankas shareholders decided not to pay dividends this year, annual bonus to the members of the Board and Supervisory Council, not to allocate funds for the employees’ bonus.

It is decided to execute LTL 74 997 transfer from reserve for annual loss coverage.

Ukio bankas shareholders’ meeting decided that Ukio bankas Supervisory Board will be constituted of Edita Karpavichiene, Ala Kurauskiene, Olga Goncharuk, Grazhina Jakavichiene and Viktor Soldatenko.