S-Bank Plc to commence redemption proceedings for remaining minority shares in Oma Savings Bank Plc
S-Bank Plc has decided to exercise its redemption right and initiate arbitration proceedings to redeem the remaining minority shares in Oma Savings Bank Plc at a fair price of EUR 17.20 per share.
Why it matters. Oma Savings Bank Plc shareholders will be affected as their shares will be redeemed, potentially impacting their financial positions.