Oma Savings Bank Plc’s Board of Directors resolved on a directed share issue to the personnel of the company for the transfer of savings shares in the share savings plan
Globenewswire·2025-11-27 13:35

Core Viewpoint - Oma Savings Bank Plc has initiated a directed share issue to implement its employee share savings plan, allowing employees to invest a portion of their salary into the bank's shares [1][2]. Group 1: Share Savings Plan - The OmaOsake-plan was established on 29 February 2024, enabling employees to save a portion of their salary to invest in shares of Oma Savings Bank Plc, with shares being acquired biannually [1]. - The plan allows employees to subscribe for shares at a price of 10.2537 euros per share, which is based on the volume-weighted average share price from 1 October to 31 October 2025, minus 10% [3]. Group 2: Share Issue Details - A total of 19,460 new shares will be issued, deviating from the shareholders' pre-emptive subscription rights, justified by the financial rationale to implement the OmaOsake-plan [2]. - The estimated registration date for the new shares is 11 December 2025, with trading expected to commence on Nasdaq Helsinki Ltd on 12 December 2025, bringing the total number of shares to 33,336,549 [4]. Group 3: Company Overview - Oma Savings Bank Plc is a solvent and profitable Finnish bank, providing services through 48 branches and digital channels to over 200,000 customers [4]. - The bank focuses on retail banking, offering a wide range of services, including credit, investment, and loan insurance products, as well as mortgage banking operations [4]. - The company emphasizes personal service and accessibility, aiming to deliver a premium customer experience while supporting employee career development [5].

Oma Savings Bank Plc’s Board of Directors resolved on a directed share issue to the personnel of the company for the transfer of savings shares in the share savings plan - Reportify