.jpg)
OMHEX has already transferred LTL 5.01 million for the NSEL shares and LTL 5.81 million for the CSDL shares into the account of SPF. OMHEX ownership in NSEL currently amounts to 81 percent. A mandatory tender offer to the minority shareholders of NSEL will be launched in June this year, as OMHEX intends to acquire up to 100 percent of the shares of NSEL.
Today the Supervisory Board of NSEL recalled the members of the Management Board of NSEL: Rimantas Busila, Dalia Jasulaityte, Vidmantas Drobelis, Giedrius Bacevicius and Algimantas Romeika. Members of the Supervisory Board that were delegated by the SPF have resigned. The Supervisory Board formed a new Management Board, consisting of Dalia Jasulaityte, Arturas Keleras, Vidmantas Drobelis, Giedrius Bacevicius, and Algimantas Romeika. In the first Board meeting Dalia Jasulaityte was elected the president of the NSEL and the chairperson of the Board.
“I have served at the NSEL for 11 years. This has been a period of rapid development for the Lithuanian securities market. Today we are proud that the NSEL’s functionality matches that of its European counterparts. With the change of ownership, the NSEL opens a new page of its history and I think this is an appropriate time to make room for new leadership. I would also like to express my gratitude to the staff of NSEL, with whom I worked hand in hand for many years, for their support and commitment, and wish the market participants success in all future endeavours”, said Rimantas Busila, former President and Chairman of the NSEL.
“First of all, on behalf of the employees of the NSEL, I would like to thank Rimantas Busila for his long and outstanding service at NSEL. Today we are entering a new era, where together with our new strategic partner, we aim to make the Lithuanian securities market even more efficient and liquid by integrating our market with other European markets. This will be an interesting task both for me, the new Management Board, and the employees of the NSEL and all of us are looking forward to the challenge”, said Dalia Jasulaityte, President of NSEL.
“We are happy to have the transaction finalized, so that the real work of delivering benefits for the Lithuanian securities market participants can begin,” stated Gert Tiivas, President of OMHEX Baltic Operations. “We are confident that Dalia Jasulaityte has the required skills and qualifications to be an effective President. We also welcome Arturas Keleras to the Board, and hope that this will bring along deepened cooperation between NSEL and CSDL. We are looking forward to working closely together with the entire Board and staff of NSEL, as well as the CSDL, towards a common goal of better functioning securities markets in Lithuania.”
