SEB has today applied to the Latvian Securities Market Commission for approval of the amendment of the terms of the offer.
SEB is in the process of applying to the Lithuanian Securities Commission for approval of the amendment of the terms of the offer.
SEB intends to increase its offer for all outstanding shares in Latvijas Unibanka from LVL 1.90 per share to LVL 2.05 per share. The offer period will be extended by one day and will remain open until 13 November. The increase applies to all shares tendered, including those already submitted for acceptance. Shareholders that have accepted the offer are not required to submit a repeated order and the new increased price will automatically apply to all shares submitted for acceptance.
SEB also intends to increase its offer for all outstanding shares in Vilniaus Bankas from LTL 40 per share to LTL 50 per share. The offer period remains open until 17 November. The increase applies to all shares tendered, including those already submitted for acceptance.
