REG - Erste Group Bank AG - Stabilisation Notice

Erste Bank AGAnnouncement

14/03/2024 11:15

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RNS Number : 8744G  Erste Group Bank AG  14 March 2024

  14.03.2024 

 Not for distribution, directly or indirectly, in or into the United States or
 any jurisdiction in which such distribution would be unlawful.

 Volksbank Wien AG

 Pre‑stabilisation Period Announcement

 Erste Group Bank AG (contact: Mladen Djurdjevic; telephone: +43 50100 87492)
 hereby gives notice, as Stabilisation Coordinator, that the Stabilisation
 Manager(s) named below may stabilise the offer of the following securities in
 accordance with Commission Delegated Regulation (EU) 2016/1052 under the
 Market Abuse Regulation (EU/596/2014).

 Securities:
 Issuer:                                                                   Volksbank Wien AG
 Guarantor(s) (if any):
 Aggregate nominal amount:                                                 EUR 500,000,000
 Description:                                                              10.25NC5.25 Tier 2
 Offer price:                                                              To be announced

 Stabilisation:
 Stabilisation Manager(s):3                                                Erste Group Bank AG
 Stabilisation period expected to start on:4                               14.03.2024 / The date of this announcement / The date the securities are
                                                                           priced (expected to be 14.03.2024)
 Stabilisation period expected to end no later than:5                      13.04.2024 (30 days after the proposed issue date of the securities)
 Existence, maximum size and conditions of use of over-allotment facility  The Stabilisation Manager(s) may over-allot the securities to the extent
                                                                           permitted in accordance with applicable law.
 Stabilisation trading venue(s):8                                          Over the counter (OTC)

 

In connection with the offer of the above securities, the Stabilisation
Manager(s) may over-allot the securities or effect transactions with a view to
supporting the market price of the securities during the stabilisation period
at a level higher than that which might otherwise prevail. However,
stabilisation may not necessarily occur and any stabilisation action, if
begun, may cease at any time.

Any stabilisation action or over-allotment shall be conducted in accordance
with all applicable laws and rules.

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.

This announcement and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom and persons in
the United Kingdom who have professional experience in matters related to
investments or who are high net worth persons within Article 12(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United Kingdom.

In addition, if and to the extent that this announcement is communicated in,
or the offer of the securities to which it relates is made in, the UK or any
EEA Member State before the publication of a prospectus in relation to the
securities which has been approved by the competent authority in the UK or
that Member State in accordance with Regulation (EU) 2017/1129 (the
"Prospectus Regulation") (or which has been approved by a competent authority
in another Member State and notified to the competent authority in the UK or
that Member State in accordance with the Prospectus Regulation), this
announcement and the offer are only addressed to and directed at persons in
the UK or that Member State who are qualified investors within the meaning of
the Prospectus Regulation (or who are other persons to whom the offer may
lawfully be addressed) and must not be acted on or relied on by other persons
in the UK or that Member State.

This announcement is not an offer of securities for sale into the United
States. The securities have not been, and will not be, registered under the
United States Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an exemption from registration. There
will be no public offer of securities in the United States.

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