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Publication of the Amendment to the Offering Memorandum – Improvement of the Voluntary Public Takeover Offer for Addiko Bank AG

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:

Nova Ljubljanska banka d.d., Ljubljana (“NLB” or the “Bidder”) hereby gives notice that, pursuant to Section 15 in connection with Section 25a of the Austrian Takeover Act (Übernahmegesetz, “ATA”), it has today published the amendment to  the offering memorandum (Angebotsunterlage) in connection with the improvement of the Offer Price under the voluntary public takeover offer aimed at acquiring control of Addiko Bank AG (“Addiko” or the “Target”), an Austrian-listed bank operating across five CSEE markets (Austria, Croatia, Slovenia, Bosnia & Herzegovina, Serbia and Montenegro) (the “Offer”).

 

The improvement of the Offer consists of an increase of the Offer Price to EUR 33.50 per Addiko Share (cum dividend).

BidderNova Ljubljanska banka d.d., Ljubljana, Slovenia
Target CompanyAddiko Bank AG, Vienna, Austria | Vienna Stock Exchange, ISIN AT000ADDIKO0
Offer PriceEUR 33.50 per Addiko Share (cum dividend, FY2025), payable in cash
Subject of the Offer19,500,000 no-par value ordinary bearer shares (100% of issued share capital)
Minimum Acceptance Threshold75% of total voting rights (14,465,357 Addiko Shares)
Acceptance Period 13 May 2026 – 22 July 2026, 17:00 CET
Additional Acceptance Period27 July 2026 – 27 October 2026, 17:00 CET (if Conditions Precedent fulfilled at end of Acceptance Period)
Conditions PrecedentMinimum acceptance threshold; merger control clearance; banking regulatory clearance (including ECB ownership control proceedings); no material adverse change; no significant Euro Stoxx Banks Index decline; no significant compliance breach
Long Stop Date31 May 2027
Payment & Settlement AgentErste Group Bank AG, Am Belvedere 1, 1100 Vienna
ISINsAddiko Shares: AT000ADDIKO0 | Tendered (Acceptance Period): AT0000A3UDF5 | Tendered (Additional Acceptance Period): AT0000A3UDG3

Addiko Shareholders who have already accepted the competing offer launched by Raiffeisen Bank International AG are entitled to revoke their respective acceptance declarations until no later than four trading days before the end of the Acceptance Period and tender their shares into NLB's Offer.

 

Availability of the amendment to the Offering Memorandum

 

The amendment to the offering memorandum has been approved by the Austrian Takeover Commission (Österreichische Übernahmekommission) and is available at: 

 

Amendment to the Offering Memorandum (English): LINK

Verbesserter Angebotsunterlage (Deutsch — binding): LINK

 

IMPORTANT NOTICE TO INVESTORS

EACH INVESTOR IS STRONGLY URGED TO CAREFULLY READ THE OFFERING MEMORANDUM IN ITS ENTIRETY BEFORE DECIDING WHETHER TO ACCEPT THE OFFER. The Offering Memorandum contains important information about the terms and conditions of the Offer, the Conditions Precedent, risks associated with the transaction, tax considerations, and procedural requirements for acceptance. Acceptance of the Offer without having read the Offering Memorandum in full is made at the investor's own risk. In case of doubt, investors should seek independent financial, legal or tax advice.

 

Important Notice

This announcement has been made pursuant to applicable Slovenian capital market regulations and is published for information purposes only. It does not constitute an offer to acquire, or an invitation to sell, securities in any jurisdiction, and should not be relied upon as the basis for any investment decision. This announcement is not a prospectus.

 

For Further Information: NLB Investor Relations |  ir@nlb.si  

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