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NLB d.d. has obtained the required regulatory approvals in relation to acquisition of Komercijalna banka a.d. Beograd

Pursuant to the provisions of the Rules of the Stock Exchange, Article 17 of the Regulation (EU) No. 596/2014, and Article 130 of the Market in Financial Instruments Act (ZTFI-1), Nova Ljubljanska banka, d.d., Ljubljana with registered office: Trg republike 2, 1000 Ljubljana, hereby publishes the following notice

In relation to the completion of the transaction contemplated in the Sale and Purchase Agreement relating to 83,23% of the ordinary shares of Komercijalna banka a.d. Beograd, dated 26 February 2020 (the “SPA”), concluded between the Republic of Serbia as the Seller, and NLB d.d. as the Buyer, NLB d.d. announces it has obtained the required regulatory approvals contemplated by the SPA. Subject to fulfilment of other conditions for completion of the transaction, the transaction is expected to be completed by the end of 2020.  A further announcement will be made in due course.

 

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