Dividend Payment Procedure
18 Abril 2024 - 3:00AM
UK Regulatory
Dividend Payment Procedure
The Ordinary general meeting of shareholders
held on 29 March 2024 approved allocation of the profit of Šiaulių
Bankas AB which included a pay-out of dividends - 0.0485 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 record day - 15
April 2024.
The Bank shall pay out dividends on 26
April 2024 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;
- for shareholders whose shares are accounted
for in Šiaulių Bankas AB in the issuer's accounting, the amount of
dividends, after deducting personal income tax or income tax in
accordance with the laws of the Republic of Lithuania, will be
transferred to the account specified by the shareholder. If the
shareholder has not specified an account for the transfer of
dividends, he/she must submit an application for the transfer of
dividends. Applications are accepted from 18 April 2024 in all
customer service points of Šiaulių Bankas AB. Before going to the
customer service department, it is necessary to register for a
visit on-line at https://sb.lt/en or by phone 1813. Applications
for dividend transfer can also be submitted via the Internet
Bank.
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:
Director of Securities Operations Department Jolanta
Dobiliauskienė
jolanta.dobiliauskiene@sb.lt
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