Press release 📈 Stocks 🌍 Finland

S-Bank Secures 97.32% Stake in Oma Savings Bank Following Tender Offer

S-Bank has finalized its tender offer for Oma Savings Bank, securing 97.32% of shares and moving toward full integration following the expiration of the subsequent offer period.

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S-Bank Plc has successfully concluded the subsequent offer period for its voluntary recommended public cash tender offer for Oma Savings Bank. With the Offeror now holding approximately 97.32% of all issued and outstanding shares and votes, the acquisition is effectively finalized, with consideration payments expected on or about November 2, 2026.

Catalysts
  • • Completion of the subsequent offer period on October 22, 2026
  • • Achievement of 97.32% ownership threshold
Risk Factors
  • • Potential for delisting from Nasdaq Helsinki
  • • Regulatory or legal challenges in non-Finnish jurisdictions
▼ Show FAQ (2) ▲ Hide FAQ
What is the final ownership stake of S-Bank in Oma Savings Bank?

S-Bank holds approximately 97.32% of all issued and outstanding shares and votes in Oma Savings Bank.

When will shareholders receive the tender offer consideration?

The consideration is expected to be paid to shareholders on or about November 2, 2026.

🎯 Key Takeaways

  • S-Bank achieved a 97.32% ownership stake in Oma Savings Bank after the subsequent offer period.
  • Tender offer consideration for the final shares is scheduled for payment on or about November 2, 2026.
  • The offeror retains the right to acquire additional shares on the open market following the conclusion of the tender process.

📝 Executive Summary

S-Bank has successfully concluded the subsequent offer period for its voluntary cash tender offer for Oma Savings Bank. The acquisition reached a 97.32% ownership threshold, marking the final stages of the takeover process. Payment for the remaining tendered shares is expected to be processed on or about November 2, 2026.

❓ FAQ

What is the current status of the S-Bank acquisition of Oma Savings Bank?

The tender offer has concluded with S-Bank reaching 97.32% ownership of Oma Savings Bank shares.

When will shareholders receive payment for their tendered shares?

Payment for shares validly tendered during the subsequent offer period is expected on or about November 2, 2026.