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FINANCIAL | Retail Banking
omasp.fi

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Founded Year

1875

Stage

IPO | IPO

Date of IPO

12/4/2018

Market Cap

0.36B

About Oma Savings Bank

Oma Savings Bank is a Finnish savings bank.

Oma Savings Bank Headquarter Location

Finland

Latest Oma Savings Bank News

CORRECTED: Oma Savings Bank Plc shall start to acquire the company's own shares

Sep 17, 2021

Seinäjoki, FINLAND OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 17 SEPTEMBER 2021 AT 17.00 P.M. EET, OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE CORRECTED Oma Savings Bank Plc shall start to acquire the company’s own shares CORRECTION: This stock exchange release corrects the information published at 19:45 p.m. on 16 September 2021 regarding the commencement of the acquisition of own shares. The place of acquisition of the shares has been corrected in the content of the release. Oma Savings Bank Plc has decided to commence a repurchase programme related to the acquisition of the company's own shares on the basis of the authorisation given by the Annual General Meeting on 30 March 2021. The maximum number of shares to be acquired in one or more tranches is 198,300, which corresponds to approximately 0.7% of the company's shares and votes. The company's total number of shares is 29,596,700. The company currently holds 11,700 of the company's own shares. The permission of the acquisition of own shares has been obtained by the Finnish Financial Supervisory Authority (FIN-FSA). The acquisition of own shares shall start on 17 September 2021 at the earliest, and end on 28 February 2022 at the latest. The shares will be repurchased in one or more tranches at a price formed in public trading arranged by Nasdaq Helsinki Ltd or at a price otherwise formed in the market. There is a weighty financial reason for the directed acquisition of own shares as they are acquired in relation to the implementation of a share-based incentive scheme for key personnel. The Annual General Meeting authorised on 30 March 2021, the Board of Directors to decide on the acquisition of up to 500,000 Oma Savings Bank Plc’s own shares with funds belonging to the company's free equity, representing approximately 1.7% of the company's total shares according to the situation on the date of the meeting, however, that the number of own shares held by the company does not exceed 10% of the company’s total shares of the company at any time. This amount includes the own shares held by the company itself and its subsidiaries within the meaning of Chapter 15, Section 11 (1) of the Finnish Companies Act. The authorisation is valid until the closing of the next Annual General Meeting, but not later than 30 June 2022. Oma Savings Bank Plc

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