The S-Bank tender offer for Oma Savings Bank reached approximately 97.32% of outstanding shares and votes when acceptances across both offer periods were combined with shares otherwise acquired by the buyer, preliminary results released on October 23, 2026, showed. The figure excludes treasury shares and is not yet the final tally for the subsequent offer period.
Key Takeaways
- The subsequent offer period attracted 162,531 shares, representing approximately 0.49% of outstanding shares and votes.
- S-Bank expects to announce the final result on or about October 26, 2026.
- Payment for shares tendered during the subsequent period is expected on or about November 2, 2026.
Table of Contents
- S-Bank tender offer adds 162,531 shares
- Final confirmation and payment remain ahead
- Plans for remaining shares and delisting
- Conclusion
S-Bank tender offer adds 162,531 shares
The additional acceptances came during the subsequent offer period, which closed at 4 p.m. Finnish time on October 22. They add to the shares tendered in the initial offer period and any shares S-Bank acquired separately.
The combined preliminary percentage measures tendered and otherwise acquired shares; it should not be read as confirmation that all newly tendered shares have already settled. Payment for the subsequent-period acceptances remains pending.
| Item | Details |
|---|---|
| Offer announced | July 9, 2026 |
| Initial acceptance window | July 17–September 25, 2026 |
| Subsequent acceptance window | October 1–22, 2026 |
Final confirmation and payment remain ahead
The October 23 announcement sets out the latest expected timetable: final confirmation on or about October 26 and payment on or about November 2. These dates update the estimates given when the subsequent offer period was announced.
The date shareholders actually receive cash will depend on payment-processing schedules between financial institutions. S-Bank has also reserved the right to buy additional Oma Savings Bank shares through Nasdaq Helsinki or otherwise, subject to applicable laws and regulations.
Plans for remaining shares and delisting
S-Bank’s September 30 tender offer announcement set out its intention to acquire all remaining shares, initiate compulsory redemption proceedings under Finnish law and seek delisting from Nasdaq Helsinki as soon as legally permitted and reasonably practicable.
That earlier announcement said all conditions for completing the tender offer had been satisfied, including the minimum acceptance condition of more than 90% of shares and voting rights. The October 23 preliminary result does not itself confirm completion of compulsory redemption or delisting.
Conclusion
The next scheduled milestone for the S-Bank tender offer is the final subsequent-period result, expected on or about October 26, followed by the planned payment to tendering shareholders.
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