9.7.2026 08:32:08 EEST | S-Bank Plc | Investor News
S-Bank Plc
Investor news
9 July 2026 at 8:32 (EEST)
S-Bank Plc has announced a voluntary recommended public cash tender offer for all shares in Oma Savings Bank Plc - invitation to a media and investor event to be held on 9 July 2026
Today, on 9 July 2026, S-Bank Plc ("S-Bank") has announced a voluntary recommended public cash tender offer for the shareholders of Oma Savings Bank Plc ("Oma Savings Bank").
Shareholders of Oma Savings Bank will be offered a cash consideration of EUR 17.20 per share. The cash consideration represents a premium of approximately 52.5 per cent compared to the volume-weighted average trading price during a twelve-month period and approximately 47.0 per cent compared to the closing price as of 8 July 2026. The total equity value of the tender offer is approximately EUR 571.4 million.
The offer period under the tender offer is expected to commence on or about 17 July 2026 and to expire on or about 25 September 2026, unless the offer period is extended or the extended offer period is suspended.
The aim of the public tender offer is to acquire all issued and outstanding shares in Oma Savings Bank and to delist Oma Savings Bank from the regulated market maintained by Nasdaq Helsinki Ltd following the tender offer and to combine the two Finnish banks. Upon completion, the combination would create a larger business entity, which would strengthen the position of the combined bank as a competitive player and which has stronger capabilities to offer high-quality services to its customers and to respond to the growing requirements of the banking sector.
"S-Bank's objective is to grow to a new size category and to increase the number of active customers and customers who consolidate their banking with S-Bank. If the transaction is completed, S-Bank would become an even stronger alternative for customers. By combining the strengths of both banks, we could offer even better services and customer experience, combining digital convenience, personal service and a strong local presence," says Riikka Laine-Tolonen, CEO of S-Bank.
S-Bank will host a Finnish-language event on the tender offer on Thursday, 9 July 2026, starting at 11.00 a.m. in the Blomstedt room of the Solo Sokos Hotel Helsinki (visiting address Yliopistonkatu 8, FI-00100 Helsinki, Finland). If you would like to attend in person, please email viestinta@s-pankki.fi.
The event can also be followed live via webcast through this link. Advance registration is required to follow the live webcast.
The event is intended for members of the media, shareholders of Oma Savings Bank, analysts, and institutional investors. Questions can be asked during the event, either in person or via the webcast's chat.At the event, Jari Annala, Chair of the Board of Directors of S-Bank, and Riikka Laine-Tolonen, CEO of S-Bank, will present the public tender offer, and its background, timetable and objectives.
Materials on the public tender offer are available at the address s-pankki.fi/tenderoffer. A recording of the event, along with the presentation materials in Finnish and English, will be available on the website later.
Contacts and registration for the event:
S-Bank Communications, +358 10 767 9300, viestinta@s-pankki.fi
Contacts
- S-Pankin viestintä, S-Bank Communications, +358 10 767 9300, viestinta@s-pankki.fi
About S-Bank Plc
S-Bank is a Finnish bank and part of S Group. We exist to give everyone the possibility of a little more wealth. We have more than three million customers and we know their day-to-day life. We bring convenience and value to our customers through our easy-to-use digital services, for example. Being a full-service bank, we offer support to our customers every day and at the turning points in their lives. s-pankki.fi
