Nova KBM
 

Final allocation of offer shares | NKBM

Nova KBM, the second-largest banking group in Slovenia, announced the final allocation of shares in the public offering carried out this month. As planned, the company has allocated 13,040,989 ordinary shares and raised EUR 104.3 million in gross proceeds.

Final allocation of offer shares

26 April 2011
OBVESTILA
Nova KBM, the second-largest banking group in Slovenia, announced the final allocation of shares in the public offering carried out this month. As planned, the company has allocated 13,040,989 ordinary shares and raised EUR 104.3 million in gross proceeds.
 

Existing shareholders of Nova KBM exercised their pre-emptive rights for a total of 8,056,622 shares. The remaining shares were allocated to Polish institutional investors (2,718,000 shares), institutional investors in other countries in Europe (1,978,568 shares), as well as Polish and Slovenian retail investors (59,454 and 228,345 shares, respectively). All retail shareholders were allocated the number of shares that they subscribed for.


The proceeds from the issue will be used to finance implementation of the Group’s growth strategy, calling for reinforcement of its market position, further international expansion, optimisation of management and governance within the Group, and development of innovative distribution channels. A portion of the proceeds will also be used to meet potential new capital adequacy requirements for the banking markets.


Shareholders with pre-emptive rights, as well as retails investors in Slovenia, will be informed about allocation by post in the second week of May. Trading of the new shares on the LJSE as well as trading on the WSE will commence once all official procedures regarding the issue and registration of the new shares have been completed and these procedures are currently expected to be completed in mid May.


Disclaimer

This publication is for promotional purposes only and under no circumstances shall it constitute the basis for a decision to invest in securities of Nova Kreditna banka Maribor d.d. (the “Company”).

The offering prospectus (the “Prospectus”), prepared in connection with the offering of the rights to subscribe for the shares in the Company to existing shareholders in Slovenia and the public offering to investors in Poland and Slovenia and admission of the Company’s shares to be issued to trading on the Ljubljana Stock Exchange (the “LJSE”) and all of the Company’s shares to trading on the Warsaw Stock Exchange (the “WSE”), is the sole legally binding document containing information on the Company and the public offering of its shares in Slovenia and Poland (the “Offering”).

On 31 March 2011 the Prospectus was approved by Agencija za trg vrednostnih papirjev, the Slovenian Securities Market Agency („SMA“), and was made available to the public once all the conditions provided under Art. 72 of the Slovenian Market in Financial Instruments Act and Art. 37 of the Polish Public Offering Act dated 29 July 2005 were met, i.e. once the SMA approved the Prospectus and once the Polish Financial Supervision Authority had been notified by the SMA of the approval of the Prospectus and received a certificate of the approval of the Prospectus along with the Prospectus, a translation of the Prospectus into English and a translation of its summary into Polish.
Other than the offer of the securities referred to herein to persons in Slovenia and Poland, the securities referred to herein will only be offered to and directed at persons in member states of the European Economic Area who are "qualified investors" within the meaning of Article "2(1)(e) of the Prospectus Directive (Directive 2003/71/EC) (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State). The expression “2010 PD Amending Directive” means Directive 2010/73/EU.
The communication of this press release, the Prospectus and any other documents or materials relating to the Offering is not being made and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials as a financial promotion is only being made to those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Financial Promotion Order")) or persons who are within Article 49(2)(a) to (d) of the Financial Promotion Order or any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order.

Insofar as the communication of this press release, the Prospectus and any other documents or materials relating to the Offering is made to or directed at investment professionals (as defined in Article 19(5) of the Financial Promotion Order), it is made to or directed at persons having professional experience in matters relating to investments, and any investment or investment activity to which it relates is available only to such persons or will be engaged in only with such persons, and persons who do not have professional experience in matters relating to investments should not rely upon it.

The Prospectus is available in electronic form at the websites of the Company (www.nkbm.si), the WSE (www.gpw.pl), and the LJSE (seonet.ljse.si). Hard copies of the Prospectus are also available free of charge upon request from the Company, ING Securities S.A. or Silkroute Securities (Polska) sp. z o.o. (institutional investors only).