S-Bank's voluntary cash tender offer for Oma Savings Bank has reached 97.32% acceptance, paving the way for full control and potential delisting of the target firm.
Oma Savings Bank is currently the subject of a successful voluntary recommended public cash tender offer by S-Bank Plc. As of the preliminary results from the Subsequent Offer Period, 97.32% of shares have been tendered, signaling the near-completion of the acquisition and likely leading to the eventual delisting of the shares from Nasdaq Helsinki.
The tender offer consideration is expected to be paid to shareholders on or about November 2, 2026.
The final result will be confirmed and announced by the Offeror on or about October 26, 2026.
S-Bank Plc is the Offeror in the acquisition of Oma Savings Bank, aiming to expand its market presence and customer base. By securing 97.32% of Oma Savings Bank's shares, S-Bank is executing its strategy to grow active customer numbers and consolidate banking activities.
S-Bank aims to grow the number of active customers and increase the share of customers who consolidate their banking activities with the bank.
Yes, the Offeror has reserved the right to acquire additional shares in public trading on Nasdaq Helsinki or through other legal means.
S-Bank Plc has successfully reached a 97.32% ownership threshold in Oma Savings Bank following the conclusion of its subsequent tender offer period. The acquisition, which saw 162,531 additional shares tendered, marks a significant consolidation in the Finnish banking sector. S-Bank plans to confirm final results on October 26, 2026, with settlement for the remaining shares expected by early November.
S-Bank has reserved the right to acquire further shares in public trading on Nasdaq Helsinki or through other legal means following the successful tender offer.