Nova KBM
 

On Monday, the commencement of the subscription period | NKBM

Today, Nova KBM accepted the approval of the prospectus for the public offering of Nova KBM shares by The Securities Market Agency (»ATVP«) and by the Polish Financial Supervision Authority. Price range per share is set between 8.00 and 10.50 EUR. The prospectus will be published in Slovenia and Poland on the date of the commencement of the subscription period, which is expected to take place on Monday, 4 April. Trading in the newly issued shares and the parallel listing of shares on the Warsaw Stock Exchange are anticipated to commence in the beginning of May. Besides, the Supervisory Board of Nova KBM held its meeting yesterday. It adopted the 2010 audited annual report of the Bank and the Nova KBM Group, and took note of the capital increase process.

On Monday, the commencement of the subscription period

1 April 2011
OBVESTILA
Today, Nova KBM accepted the approval of the prospectus for the public offering of Nova KBM shares by The Securities Market Agency (»ATVP«) and by the Polish Financial Supervision Authority. Price range per share is set between 8.00 and 10.50 EUR. The prospectus will be published in Slovenia and Poland on the date of the commencement of the subscription period, which is expected to take place on Monday, 4 April. Trading in the newly issued shares and the parallel listing of shares on the Warsaw Stock Exchange are anticipated to commence in the beginning of May. Besides, the Supervisory Board of Nova KBM held its meeting yesterday. It adopted the 2010 audited annual report of the Bank and the Nova KBM Group, and took note of the capital increase process.
 

According to the opinion of the Bank's management, the increase in share capital and the listing of Nova KBM shares on the Warsaw Stock Exchange, which, in terms of market capitalisation, is the largest stock market in the region of Central and Eastern Europe, will contribute to the implementation of the strategic objectives and the strengthening of the market position of both the Bank and the Nova KBM Group. The proceeds of the capital increase will be used for further support of business objectives and projects of Slovene companies. All the details concerning the subscription procedure, and the share price will be published in the prospectus which, from the commencement of the subscription period, will be available in the electronic form on the website of Nova KBM and on the Ljubljana Stock Exchange portal. The prospectus will also be available in printed form, at the Bank's registered address and at subscription locations.


Matjaž Kovačič, President of the Management Board of Nova KBM d.d. pointed out that »The approval of the prospectus means that the subscription procedure may proceed according to the plan. I believe that the market position of both the Bank and the Group, our development potentials, and the strategy which is based on providing good investment for shareholders, will attract investors not only in Slovenia and Poland, but also in other European countries. We have a clear vision, a clear goal, and a clear strategy on how to accomplish our objectives. Good operating results prove that we have been successful in implementing our goals, which makes us optimistic that this year's performance will be even better than last year’s.«


In 2010, both Nova KBM and the Nova KBM Group performed well and delivered a positive result. According to the audited results, the Group's profit from continuing operations, before making provisions and impairment losses, was €101,223 thousand, while the net profit was €11,413 thousand. The Bank's 2010 pre-tax profit from continuing operations was €11,365 thousand; the net profit was €9,372 thousand. These results place the Bank among more successful financial systems in Slovenia. The audited 2010 annual report is expected to be published on 28 April 2011.


LEGAL DISCLAIMER

Not for publication, directly or indirectly, in the United States of America, Australia, Canada, and Japan, or in any other country in which the publishing would be contrary to the law.


This announcement is a public notice within the meaning of the Financial Instruments Market Act and the Directive 2003/71/EC (together with any applicable implementing measures relating to the Directive in any Relevant Member State, the »Prospectus Directive«), and is not to be considered as a prospectus. It is issued solely for promotional purposes and does not constitute a basis for reaching any decision with respect to the investment in securities of Nova KBM d.d. (»Company«). The Prospectus, prepared in connection with the offering of shares to (A) the Existing Shareholders who may subscribe for the Offer Shares in proportion to their existing stake in the share capital of the Bank; (B) the Retail Investors in Slovenia and in Poland; and (C) Institutional Investors, in each case in reliance on Regulation S under the U.S. Securities Act of 1933, as amended, in connection with the authorisation for trading in the newly issued shares of the Company on the Ljubljana Stock Exchange (»LJSE«) and trading in all shares of the Company on the Warsaw Stock Exchange (»WSE«), is the only legally binding document which contains the information on the Company and the public offering of its shares in Slovenia and Poland (»Offering«). Investors shall not subscribe for or purchase shares by relying only upon the information contained in this announcement.


The Securities Market Agency (»ATVP«) approved the Prospectus on 31 March 2011. The Prospectus will be available to the public once the Polish Financial Supervision Authority is informed by the ATVP of the Prospectus approval, and after its receives a confirmation of the Prospectus approval, together with the Prospectus and the Polish language translation of the summary of the Slovene Prospectus. The Prospectus will be available in the electronic form on the website of Nova KBM (www.nkbm.si).