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Finwire

S-Bank’s offer for Oma Säästöpankki accepted by owners of 96.6 percent of the shares

S-Bank’s recommended cash offer for Oma Säästöpankki has been preliminarily accepted by owners of 32.1 million shares. This corresponds to approximately 96.58 percent of all outstanding shares and votes, excluding treasury shares.

The offer period expired on 25 September. The final result is expected to be announced around 30 September. If the acceptance level remains above 90 percent and the other conditions are fulfilled or waived, S-Bank will declare the offer unconditional and complete the offer.

Provided that the offer is completed, the purchase price is expected to be paid around 7 October.

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