OTP banka, the second-largest banking group in Slovenia, published its prospectus today and began its public offering.
The Company plans to issue up to 13,040,989 shares and raise net proceeds of up to EUR 132.4 million. The proceeds from the issue will be used to finance implementation of the Group’s growth strategy, calling for reinforcement of market position, further international expansion, optimisation of management and governance within the Group, and development of innovative distribution channels. A portion of the proceeds will also be used to meet potential new capital adequacy requirements for the banking markets.
Not for release, directly or indirectly, in the United States of America, Australia, Canada or Japan.
The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States or to US persons unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No offering of the securities will be made in the United States.
