Skip to content

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 37.00 per Addiko Share (cum dividend).

 

Addiko Shareholders who have already accepted the competing offer launched by Raiffeisen Bank International AG are again 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.

 

NLB is actively and constructively cooperating with the relevant regulatory authorities. As part of this process, the NLB has already obtained clearances from three competition authorities (Austria, North Macedonia and Serbia), demonstrating tangible progress in fulfilling the conditions for successful completion of the transaction. The ongoing dialogue with regulators remains transparent and proactive, supporting our continued efforts to meet all necessary conditions in a timely manner.

BidderNova Ljubljanska banka d.d., Ljubljana, Slovenia
Target CompanyAddiko Bank AG, Vienna, Austria | Vienna Stock Exchange, ISIN AT000ADDIKO0
(Increased) Offer PriceEUR 37.00 per Addiko Share (cum dividend), 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

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  

Latest news

These are latest news

16.06.2026

Press Release / Announcement pursuant to Sec 5 ATA

Pursuant to the Rules of the Ljubljana Stock Exchange and Article 158 of the Market in Financial Instruments Act, relating to Article 17 of the Regulation (EU) No 596/2014 Nova Ljubljanska banka d.d., Ljubljana, Trg republike 2, 1000 Ljubljana announ...

Read more
15.06.2026

NLB’s General Meeting Confirms 8% Increase in Dividend Payment

In accordance with the provisions set out in the Rules of the Ljubljana Stock Exchange and the relevant laws, the NLB Management Board hereby announce the results of votes cast at the 46th General Meeting of the Shareholders of NLB d.d.:...

Read more
11.06.2026

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 re...

Read more

Subscribe to Investor News

Stay up to date with the latest insights and investor news.

Subscription Confirmed

Your subscription has been confirmed.

Sorry an error has occured while trying to complete your subscription.

Krivo