The European Bank for Reconstruction and Development (EBRD) has tendered its entire 8.4 per cent stake in Addiko Bank AG into the voluntary public tender offer launched by Nova Ljubljanska banka d.d. (NLB), according to a press release issued on 17 July 2026. The move places the EBRD’s full shareholding in the hands of NLB, pending completion of the offer process. Settlement remains subject to the satisfaction or waiver of specified closing conditions. The transaction relates to the ongoing voluntary public tender offer for Addiko Bank AG. It marks a significant step in the ownership structure of the Austrian-based lender.
As a shareholder in Addiko, the EBRD has supported the bank’s growth over time. The institution has also backed Addiko’s role in providing financial services across its markets. This engagement reflects the EBRD’s broader investment approach in the financial sector. The Bank has held its 8.4 per cent stake as part of that shareholder role. The tender now transfers that position into the NLB-led offer.
Settlement of the voluntary public tender offer by NLB remains contingent on several conditions being met. These include the tender of a number of Addiko shares exceeding the minimum acceptance threshold specified by NLB. The offer also requires the receipt of merger control and banking regulatory clearance in relevant jurisdictions. Other customary offer conditions must be satisfied or waived before closing. Only once these are fulfilled can the transaction proceed to settlement.
The EBRD is a major institutional investor in the financial sector across its regions of operation. It works to promote resilient, competitive and well-governed financial institutions. Its investments are designed to support market development, financial stability and private-sector-led growth. The tendering of the Addiko stake aligns with this long-standing investment strategy. The Bank’s participation in the offer reflects its role as an active institutional shareholder.
The completion of the tender remains dependent on the fulfillment of the closing conditions outlined by NLB. Regulatory approvals in the relevant jurisdictions will play a decisive role in the outcome. The minimum acceptance threshold will also determine whether the offer proceeds. Until these steps are finalized, the settlement of the transaction is not confirmed. The EBRD’s decision to tender its full shareholding underscores its engagement in the ongoing offer process.
