The District Court of Etelä-Pohjanmaa has appointed attorney Petra Kansanaho as trustee to protect minority shareholder interests during S-Bank's mandatory redemption proceedings for Oma Savings Bank shares.
The Redemption Board confirmed that on 6 November 2026 the District Court of Etelä-Pohjanmaa appointed attorney Petra Kansanaho as trustee for minority shareholders, a procedural step advancing S-Bank's redemption of all remaining Oma Savings Bank shares started on 9 October 2026. The stock's price will increasingly track the eventual redemption price rather than fundamentals, so this step alone should not move it materially. Trading continues on Nasdaq Helsinki until the proceedings conclude.
The District Court of Etelä-Pohjanmaa appointed attorney-at-law Petra Kansanaho on 6 November 2026 to supervise the interests of Oma Savings Bank's minority shareholders in the arbitral proceedings initiated by S-Bank to redeem all outstanding shares.
The release does not announce a delisting; it states that S-Bank has initiated redemption proceedings to obtain ownership of all issued and outstanding shares, with the shares still listed on Nasdaq Helsinki.
The District Court of Etelä-Pohjanmaa has appointed attorney Petra Kansanaho to represent minority shareholders in the ongoing redemption proceedings initiated by S-Bank. This procedural move follows S-Bank's October 9 application to acquire all outstanding shares of Oma Savings Bank under the Finnish Limited Liability Companies Act. Trading of Oma Savings Bank shares continues on Nasdaq Helsinki as the arbitral process moves forward.
The trustee, Petra Kansanaho, is tasked with supervising and protecting the interests of minority shareholders during the arbitral proceedings initiated by S-Bank to acquire all remaining shares.
No, the company remains listed on Nasdaq Helsinki while the redemption process and arbitral proceedings are underway.