Nova Ljubljanska banka d.d., Ljubljana (“NLB” or the “Bidder”) hereby gives notice that, pursuant to Sections 15, 19 1b, 19 1d and 25a of the Austrian Takeover Act (Übernahmegesetz, “ATA”), it has published the amendment to the Offering Memorandum (Angebotsunterlage) in connection with the reduction of the minimum acceptance threshold and the extension of the acceptance period in its all cash voluntary public takeover offer aimed at acquiring control of Addiko Bank AG (“Addiko” or the “Target”).
The improvement of the Offer consists of the reduced minimum acceptance threshold to 50% plus one share corresponding to 9,750,001 Addiko shares and the extension of the acceptance period until Wednesday, 29 July 2026.
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 Thursday, 23 July 2026 and tender their shares into NLB's Offer. For information on how to revoke a previously submitted acceptance and participate in NLB's Offer, shareholders should contact their financial intermediary (bank, broker etc.). Furthermore, we kindly invite all interested stakeholders to regularly visit our website for any new announcements and further information regarding NLB’s Offer, including the non-binding guideline on how to revoke a previously submitted acceptance declaration.
NLB’s Offer is now superior both financially as well as regarding the acceptance threshold to the competing RBI offer. The reduction of the minimum acceptance threshold was also initiated at the suggestion of a number of shareholders who have a strong interest in tendering into the NLB Offer and for whom the lowered threshold substantially reduces execution risk. The share offer price of EUR 37.00 per Addiko share on a cum dividend basis represents a 39.6% premium to the competing offer with a clear and transparent maximum payout for all shareholders, and with no contingent payments.
Key Terms of the Offer