Core Viewpoint - Tesonet Global intends to increase its ownership stake in Artea Bankas to 31.68%, with a series of transactions planned to achieve this goal [1][5]. Group 1: Ownership Transactions - On March 12, 2026, Tesonet Global acquired a 2.52% stake in Artea Bankas from Willgrow UAB at a price of EUR 1.1012 per share, raising its total ownership to 9.86% post-transaction [2]. - Conditional agreements were signed to acquire additional shares from various shareholders, including Willgrow (6.59%), Algirdas Butkus (5.48%), Darius Vyšniauskas (2.33%), Arvydas Salda (1.59%), Gintaras Kateiva (4.60%), and AB "Invalda INVL" (1.22%) [3][4]. Group 2: Regulatory Approvals and Future Plans - The acquisition will be subject to regulatory approvals from entities such as the European Central Bank and the Bank of Lithuania, with a target to complete transactions by the end of Q1 2027 [5]. - Tesonet Global plans to apply for regulatory clearance to acquire a controlling stake in Artea Bankas, with intentions to explore further market transactions upon receiving approval [6]. Group 3: Strategic Transformation and Market Potential - Artea Bankas is undergoing a strategic and technological transformation, and Tesonet Global believes its expertise can significantly contribute to this process [7]. - The company sees substantial long-term potential in Artea Bankas and the Lithuanian banking sector, which is viewed as ready for disruption and growth [7][8].