REG - Nova Ljubljanska - NLB squeezed out remaining shareholders of KB

Nova Ljubljanska Banka dd LjubljanaAnnouncement

13/07/2022 10:45

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RNS Number : 3169S  Nova Ljubljanska Banka d.d.  13 July 2022

NLB successfully squeezed out remaining shareholders of NLB Komercijalna banka
to reach 100% ownership

Pursuant to the Ljubljana Stock Exchange Rules and Article 158 of the Market
in Financial Instruments Act, NLB d.d., Trg republike 2, 1000 Ljubljana
announces:

On 13 July 2022, Nova Ljubljanska banka d.d., Ljubljana successfully squeezed
out the remaining shareholders of NLB Komercijalna banka a.d. Beograd and
thereby became the owner of 100% of this Serbian bank. Prior to the
squeeze-out process, NLB d.d. owned 90.2155% of share capital and 91.7294% of
voting rights. Through the squeeze-out process, NLB d.d. acquired 1,528,110
regular shares and 316,260 preferred shares with a total value of EUR 61.7
million.

The squeeze-out process was conducted entirely in accordance with the Serbian
Companies Act. Increasing the ownership in NLB Komercijalna banka a.d. Beograd
further strenghtens NLB's market position on one of the key markets to deliver
the NLB Group's strategic ambitions.

This announcement will be available on the company's website (www.nlb.si) as
of 13 July 2022.

 

Investor relations

NLB d.d., Ljubljana

 

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