Such a decision was made at the VSE Management Board meeting on June 23, 2005.
A 366-day issue of 500,000 corporate registered bonds at LTL 100 (EUR 28.96) face value of SEB Vilniaus bankas AB bank is admitted to the Debt Securities List of the VSE. The total nominal value of the issue amounts to LTL 50,000,000 (EUR 14,481,001). The corporate bond issue was registered with the Lithuanian Securities Commission on April 14, 2005 (securities’ registration act No B-5276). The bonds will be redeemed on May 29, 2006. The bonds give a right to annual interest of 2.6%.
Investors should note that the VSE trading system calculates the accrued interest by the actual number of days in a month and 360 days a year (Act/360). However, it is laid down in the bonds issue prospectus of the SEB Vilniaus bankas AB bank that interest is calculated and paid considering the actual number of days in a month and in a year.
A 731-day issue of 500,000 corporate registered bonds at LTL 100 (EUR 28.96) face value of SEB Vilniaus bankas AB bank is admitted to the Debt Securities List of the VSE. The total nominal value of the issue amounts to LTL 50,000,000 (EUR 14,481,001). The corporate bond issue was registered with the Lithuanian Securities Commission on April 14, 2005 (securities’ registration act No B-5277). The bonds will be redeemed on May 29, 2007. The bonds give a right to annual interest of 3.0%.
On December 31, 2004, the authorized capital of SEB Vilniaus bankas AB amounted to LTL 154,414 thousand (EUR 44,721.39 thousand) and the shareholders’ ownership stood at LTL 1,064,001 thousand (EUR 308,156 thousand). In 2004 and 2003, the net profit of the company made LTL 120,511 thousand (EUR 34,902.40 thousand) and LTL 132,276 thousand (EUR 38,309.78 thousand) accordingly.
As of March 15, 2004, the total number of the bank’s shareholders stood at 397. As of March 15, 2005, the main shareholder (holding more than 5% of all bank’s votes) is Skandinaviska Enskilda Banken AB (Sweden), and it owns 98.98% of the votes of the company.
