Information about the proposed de-listing of shares
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO
SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF SUCH JURISDICTION
EXTRAORDINARY GENERAL MEETING TO DECIDE ON DE-LISTING
By letter dated November 13, 2020, the majority shareholder of Všeobecná úverová banka, a.s. (the
Company or VÚB, a.s.), Intesa Sanpaolo Holding International S.A. (the Majority Shareholder),
requested to convene a General Meeting of the Company for the purposes of approving the de-listing
of the Company’s shares from the Bratislava Stock-Exchange and having the Majority Shareholder
call a mandatory public offer pursuant to applicable regulations.
On 13 November 2020, the Management Board and the Supervisory Board of the Company
acknowledged the above letter of the Majority Shareholder and agreed to convene an Extraordinary
General Meeting of the Company on 18 December 2020 with the proposal to discuss and vote on the
above proposal of the Majority Shareholder.
If the Extraordinary General Meeting of the Company adopts such resolution, the Company will be
obliged to make a mandatory public offer pursuant to Section 119(1) of Slovak Act No. 566/2001
Coll. on Securities and Investment Services as amended (the Securities Act). In accordance with
Section 119(3) of the Securities Act and the resolution of the Extraordinary General Meeting, the
Majority Shareholder has agreed to perform such mandatory public offer instead of the Company.
This notice does not constitute an offer to buy or sell the Company’s shares.
For any information or clarification regarding this notice, please contact