Market announcement
Coop Pank AS
LEI code
549300EHNXQVOI120S55
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
9977
Submission date and time
01.12.2022 08:00:00
Content of announcement in Estonian
Title
Coop Pank AS aktsiate täiendava avaliku pakkumise tulemused
Message
Teisipäeval, 29. novembril 2022, lõppes Coop Pank AS-i (Coop Pank) aktsiate
täiendav avalik pakkumine (Pakkumine).
Pakkumise raames pakkus Coop Pank kuni 7 610 348 uut emiteeritavat
nimiväärtuseta lihtaktsiat (Pakkumise Aktsiad), sealjuures oli Coop Pangal õigus
Pakkumise ülemärkimise korral Pakkumise Aktsiate arvu suurendada kuni
10 147 131 Pakkumise Aktsiani. Pakkumise Aktsiaid pakuti hinnaga 2,00 eurot
aktsia kohta, millest 0,681455 eurot oli arvestuslik väärtus ja 1,318545 eurot
ülekurss. Pakkumise Aktsiaid pakuti avalikult üksnes Eestis ning Pakkumine
toimus Finantsinspektsiooni poolt 14. novembril 2022 kinnitatud prospekti alusel
(Prospekt).
Kokku esitas 14 661 investorit märkimiskorraldusi summas 64,5 miljonit eurot ehk
32,2 miljoni Pakkumise Aktsia omandamiseks, seega märgiti Pakkumise baasmaht
4,2-kordselt üle.
35,6 miljoni euro ulatuses märkimiskorraldusi esitasid 15. novembri 2022 Eesti
Väärtpaberiregistri arveldussüsteemi tööpäeva lõpu seisuga (Fikseerimiskuupäev)
Coop Panga aktsiaraamatusse kantud aktsionärid (st märkimise eesõigusega
aktsionärid). Coop Pank kasutas õigust suurendada Pakkumise mahtu 10 147 131
Pakkumise Aktsiani. Pakkumise kogumahuks kujunes 20,3 miljonit eurot.
Kooskõlas Prospektiga, otsustas Coop Pank Pakkumise Aktsiate jaotuse järgmiselt:
1. Kõik sama märkija poolt tehtud märkimiskorraldused summeeriti;
2. Fikseerimiskuupäeval Coop Panga aktsiaraamatusse kantud aktsionäridele
jaotati Pakkumise Aktsiad täies mahus nende poolt märgitud aktsiate arvule
ulatuses, mis vastas Fikseerimiskuupäeval neile kuulunud aktsiate
arvestusliku väärtuse summale (Eesõigusega Jaotus) ning lisaks jaotati neile
17% Eesõigusega Jaotust ületavast investori poolt märgitud mahust;
3. Coop Panga klientidele ja võlakirjade investoritele jaotati 17% nende
märgitud mahust;
4. Ülejäänutele investoritele jaotati 5% nende märgitud mahust;
5. Kõik kuni 100 euro suurused märkimised rahuldati täies mahus;
6. Komakohtadega aktsiate arv ümardati allapoole lähima täisarvuni.
Coop Panga juhatuse esimees Margus Rink tänas Coop Panga nimel kõiki pakkumises
osalenud investoreid:
?Investorite huvi meie uute aktsiate vastu oli tõesti suur ning see päädis
emissiooni 4,2 kordse ülemärkimisega. Hindame kõrgelt investorite usaldust ja
usku Coop Panga kasvuloo jätkumisse. Vastavalt emissiooni tingimustele
eelistasime seekord aktsiate jaotamisel Coop Panga seniseid aktsionäre, kellele
jaotati 86% uutest aktsiatest.
Jätkame lisanduva kapitali toel kasvustrateegia elluviimist. Oleme lubanud, et
aastaks 2027, mil möödub 10 aastat Coop Panga sünnist, on panga turuosa kasvanud
10%-ni, meil on 150 000 aktiivset klienti, laenuportfell ulatub üle 2 miljardi
euro, kulu/tulu suhe on alla 50% ja omakapitali tootlus üle 15%.
Soovime, et panga eduloost saaks osa järjest suurem arv meie tänaseid
investoreid ja kliente. Oleme tänulikud ja uhked, et meie investorite arv on
nüüd kokku üle 35 000 ," lausus Margus Rink.
Investoritele jaotatud Pakkumise Aktsiad kantakse investorite
väärtpaberikontodele eelduslikult 5. detsembril 2022 või sellele lähedasel
kuupäeval ?makse vastu" väärtpaberiülekande meetodit kasutades. Arvelduse ajal
kannavad Pakkumise Aktsiad ajutist ISIN koodi EE380G007850, mis muudetakse Coop
Panga aktsiate alaliseks ISIN koodiks EE3100007857 7. detsembril 2022 või
sellele lähedasel kuupäeval pärast Pakkumise arvelduse toimumist.
Pakkumise Aktsiatega kauplemine Nasdaq Tallinna Börsi Balti Põhinimekirjas algab
eelduslikult 7. detsembril 2022 või sellele lähedasel kuupäeval.
Eesti kapitalil põhinev Coop Pank on üks viiest Eestis tegutsevast
universaalpangast. Pangal on 141 600 igapäevapanganduse klienti. Coop Pank
kasutab jaekaubanduse ja panganduse vahel tekkivat sünergiat ning toob
igapäevased pangateenused inimeste kodu lähedale. Panga strateegiliseks
aktsionäriks on kodumaine kaubanduskett Coop Eesti, mille müügivõrgustikku
kuulub 330 kauplust.
Lisainfo:
Paavo Truu
finantsjuht
Telefon: 5160 231
e-mail: [email protected] (mailto:[email protected])
Oluline teave
Käesolev teade on väärtpaberite reklaam Euroopa Parlamendi ja Nõukogu 14. juuni
2017 määruse 2017/1129/EL tähenduses ning ei kujuta endast Coop Panga Pakkumise
Aktsiate müügipakkumist ega üleskutset Pakkumise Aktsiate märkimiseks. Enne
investeerimisotsuse tegemist palume investoril tutvuda Prospektiga ning
vajadusel konsulteerida asjatundjaga, et täielikult mõista Pakkumise Aktsiatesse
investeerimise otsusega seotud võimalikke riske ja hüvesid. Coop Panga Pakkumise
Aktsiate omandamiseks tehakse ning iga investor peaks investeerimisotsuse tegema
ainult informatsiooni põhjal, mis sisaldub Prospektis. Finantsinspektsiooni
poolt Prospekti kinnitamine ei ole käsitletav Coop Panga Pakkumise Aktsiate
soovitamisena.
Käesolevas teates sisalduv informatsioon ei ole mõeldud avaldamiseks, jagamiseks
või edastamiseks, osaliselt või tervikuna, otseselt või kaudselt, Ameerika
Ühendriikides, Kanadas, Hongkongis, Jaapanis, Singapuris, Lõuna-Aafrikas või
muudes riikides või asjaoludel millisel juhul avaldamine, jagamine või
edastamine oleks ebaseaduslik. Coop Panga Pakkumise Aktsiad pakutakse avalikult
üksnes Eesti Vabariigis ja teatud valitud Euroopa Majanduspiirkonna
liikmesriikides ning Pakkumise Aktsiate müüki ega pakkumist ei toimu üheski
jurisdiktsioonis, kus selline pakkumine, kutse või müük oleks ilma seaduses
sisalduva erandita või kvalifikatsioonita ebaseaduslik.
Content of announcement in English
Title
Results of the secondary public offering of shares of Coop Pank AS
Message
The secondary public offering of shares of Coop Pank AS (Coop Pank) ended on
Tuesday, 29 November 2022 (the Offering).
In the course of the Offering, Coop Pank offered up to 7,610,348 new ordinary
shares to be issued without nominal value (the Offer Shares), which, Coop Pank
was, in case of oversubscription of the Offering, entitled to increase by up to
2,536,783 Offer Shares. The Offer Shares were offered at a price of EUR 2.00 per
share, of which EUR 0.681455 is the book value and EUR 1.318545 is the share
premium. The Offer Shares were offered publicly only in Estonia. The Offering
was conducted on the basis of the prospectus approved by the Estonian Financial
Supervision and Resolution Authority on 14 November 2022 (the Prospectus).
A total of 14 661 investors submitted subscription undertakings in the total
amount of EUR 64,5 million, i.e 32,2 million Offer Shares, so the base volume of
the Offering was oversubscribed by 4,2 times.
Investors who were shareholders entered in the shareholders' register of Coop
Pank as at the end of the business day of the settlement system of the Estonian
Securities Register on 15 November 2022 (the Record Date) submitted subscription
undertakings in the total amount of EUR 35,6 million. Coop Pank used the right
to increase the volume of the Offering up to 10,147,131 Offer Shares. The total
proceeds of the Offering are EUR 20,3 million.
In accordance with the Prospectus, Coop Pank decided to allocate the Offer
Shares based on the following principles:
1. All subscription undertaking of the same subscriber were summed up;
2. Shareholders who were entered in the shareholders' register of Coop Pank on
the Record Date were allocated Offer Shares in the full amount subscribed
for by such shareholder to the extent it was proportional to the book value
of the relevant shareholder's shares on the Record Date (Pre-emtive
allotment), and in addition 17% of the subscribed amount exceeding the Pre-
emtive allotment amount;
3. Coop Pank's customers and investors of Coop Pank's bonds were allocated 17%
of the amount subscribed by them;
4. The remaining investors were allocated 5% of the amount subscribed by them;
5. All subscriptions up to the threshold of EUR 100 were accepted in full;
6. The number of shares with decimal places was rounded to the previous whole
number.
Margus Rink, Chairman of the Management Board of Coop Pank, acknowledged all the
investors on behalf of the bank:
"Investors' interest in our new shares was really high, and it ended with a 4.2
times oversubscription of the issue. We highly value investors' trust and faith
in the continuation of Coop Pank's growth. In accordance with the conditions of
the issue, this time we gave preference to the existing shareholders of Coop
Pank, who were allocated 86% of the new shares.
We continue to implement the growth strategy with the support of additional
capital. We have promised that by 2027, when the 10th anniversary of the birth
of Coop Bank, the bank's market share will grow to 10%, we will have 150,000
active customers, the loan portfolio will exceed 2 billion euros, the
cost/income ratio will be below 50% and the return on equity will be over 15%.
We want more and more of our current investors and customers to become part of
the bank's success story. We are grateful and proud that the number of our
investors is now more than 35,000," said Margus Rink.
The Offer Shares allocated to investors will be transferred to investors'
securities account on or about 5 December 2022 by using "delivery versus
payment" method. During the settlement, the Offer Shares carry the temporary
ISIN code EE380G007850, which will be changed to the permanent ISIN code
EE3100007857 of the shares of Coop Pank on or about 7 December 2022 after
settlement of the Offering.
Trading with the Offer Shares on Nasdaq Tallinn Baltic Main List is expected to
commence on or about 7 December 2022.
Coop Pank, based on Estonian capital, is one of the five universal banks
operating in Estonia. The number of clients using Coop Pank for their daily
banking has reached 141,600. Coop Pank aims to put the synergy generated by the
interaction of retail business and banking to good use and to bring everyday
banking services closer to people's homes. The strategic shareholder of the bank
is the domestic retail chain Coop Eesti comprising 330 stores.
Additional information:
Paavo Truu
CFO
Phone: 5160 231
E-mail: [email protected] (mailto:[email protected])
Important information
This notice is an advertisement for securities within the meaning of the
Regulation No 2017/1129/EU of 14 June 2017 of the European Parliament and of the
Council European Parliament and does not constitute an offer to sell Offer
Shares or invitation to subscribe to Offer Shares. An offer to subscribe to
Offer Shares should be made, and each investor should make any decision to
invest in the Offer Shares only on the basis of the information contained in the
Prospectus and if necessary, consult with an expert to fully understand the
potential risks and rewards associated with a decision to invest in Offer
Shares. The approval of a Prospectus by the Estonian Financial Supervision and
Resolution Authority is not considered to be a recommendation for Offer Shares.
The information contained in this notice is not intended to be published,
distributed or transmitted, in whole or in part, directly or indirectly, in the
United States, Canada, Hong Kong, Japan, Singapore, South Africa, or in any
other country or circumstance where publication, sharing or transmission would
be unlawful. Offer Shares will be publicly offered only in the Republic of
Estonia and certain selected Member States of the European Economic Area and the
sale or offer of the Offer Shares shall not take place in any jurisdiction where
such offer, invitation or sale would be unlawful without the exception or
qualification of law.