EQS-Ad-hoc: Raiffeisen Bank International AG / Key word(s): Tender
Offer/Miscellaneous
Raiffeisen Bank International AG: RBI announces intention to submit a
voluntary public tender offer for all Addiko shares at EUR 23.05 per share
08-Apr-2026 / 23:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by [1]EQS News – a service of
[2]EQS Group.
The issuer is solely responsible for the content of this announcement.
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RBI announces intention to submit a voluntary public tender offer for all
Addiko shares at EUR 23.05 per share
Vienna, 8 April 2026. Raiffeisen Bank International AG (RBI) announces its
intention to submit a voluntary public tender offer for all issued and
outstanding shares of Vienna-based Addiko Bank AG (Addiko) not held by
Addiko itself. RBI will offer a cash price of EUR 23.05 per Addiko share
(cum dividend 2025), equaling to the volume-weighted average share price
for the six months period ending on 7 April 2026. This offer price
corresponds to a premium of approximately 20 per cent over the intrinsic
equity value determined in an external valuation report by Ernst & Young
Wirtschaftsprüfungsgesellschaft m.b.H. obtained by RBI.
The intended offer will be subject to a minimum acceptance threshold of
more than 75 per cent of all issued and outstanding Addiko shares and will
not constitute a delisting offer within the meaning of Section 38 (6) to
(8) of the Austrian Stock Exchange Act. The completion of the intended
offer will be subject to antitrust and regulatory approvals, and other
closing conditions. After submission of the voluntary public tender offer,
its review by the Austrian Takeover Commission (Übernahmekommission), and
publication of the offer document by RBI, the acceptance period will last
10 weeks.
Furthermore, RBI intends to enter into a transaction agreement with Alta
Group d.o.o. (Serbia), one of Addiko’s shareholders, on inter alia the
envisaged sale (Carve-Out) by Addiko Bank AG of Addiko Bank a.d. Beograd
(Serbia), Addiko Bank d.d. Sarajevo, Addiko Bank d.d. Banja Luka (both
Bosnia and Herzegovina), and Addiko Bank A.D. Podgorica (Montenegro),
subject to the successful completion of the voluntary public tender offer.
The sales price for the Carve-Out will at least correspond to the fair
market value of the subsidiaries being sold. Completion of the Carve-Out
is subject to customary closing conditions including antitrust and
regulatory approvals.
RBI intends to retain Addiko Bank d.d. Zagreb (Croatia), Addiko d.d.
Ljubljana (Slovenia) and Addiko Bank AG (Austria). With this transaction
RBI would strengthen its market share in Croatia and become the
fourth-largest bank (by total assets), and re-enter Slovenia where it sees
potential in corporate and investment banking as well as in the small- and
medium enterprises market.
The successful completion of the voluntary public tender offer would have
an initial CET1 impact of c. minus 45 basis points (assuming 75 per cent
participation) on RBI Group excluding Russia. Following a successful
Carve-Out, the final impact of the combined transactions will be c. minus
10 basis points. Subject to the above conditions, the voluntary public
tender offer is expected to be completed in the fourth quarter of 2026,
while closing of the Carve-Out is expected to occur in the second half of
2027.
For further information please contact:
John P. Carlson, CFA
Head of Group Investor & Media Relations
Raiffeisen Bank International AG
Am Stadtpark 9, 1030 Vienna, Austria
[email protected] | phone +43 1 71 707 2089 |
[3] www.rbinternational.com
End of Inside Information
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08-Apr-2026 CET/CEST News transmitted by [4]EQS Group
View original content: [5]EQS News
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Language: English
Company: Raiffeisen Bank International AG
Am Stadtpark 9
A-1030 Vienna
Austria
Phone: +43-1-71707-2089
E-mail: [email protected]
Internet: https://www.rbinternational.com/en/raiffeisen.html
ISIN: AT0000606306
WKN: A0D9SU
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate BSX;
Luxembourg Stock Exchange, SIX, Vienna Stock Exchange
(Official Market)
EQS News ID: 2305438
End of Announcement EQS News Service
2305438 08-Apr-2026 CET/CEST
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References
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3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=caa59432adde4dba6e84d8c74723c498&application_id=2305438&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
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5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=d4393c46d8e9e553915d98a3a189e7cc&application_id=2305438&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news