RBI clears minimum threshold in Addiko takeover offer

Raiffeisen Bank International (RBI) announced on 24 July 2026 that as of the 09:00 cut-off it held acceptances for 10,720,331 Addiko shares — 55.58% of all shares covered by the offer. That passed the minimum acceptance threshold of more than 55% and effectively secured control. The figure includes 1,878,167 shares held by Alta Group d.o.o. (9.63% of share capital); no withdrawal declarations had been received by the cut-off. The voluntary takeover offer published on 14 May 2026 under section 25a of the Austrian Takeover Act offers €26.50 per share (raised in May from an original €23.05), and the initial acceptance period ended on 22 July 2026. Update: after the acceptance period closed on 29 July 2026 at 17:00, RBI reported acceptances for 10,831,435 shares, or 56.16% — the final result came earlier than initially announced and confirms that the 55% threshold was passed. Settlement, the statutory grace period and completion are still outstanding. UPDATE (3 August 2026): RBI formally published the result and opened the statutory sell-out period, which runs from 3 August 2026 until 5.00 p.m. CET on 3 November 2026. Addiko shareholders who had previously accepted the competing offer from Nova Ljubljanska banka may switch to the RBI offer during this period by written declaration to their custodian bank. Update (offer document of 3 Aug 2026): All closing conditions must be satisfied by 14 May 2027 at the latest.