Erste Group to launch voluntary tender offer to raise Erste Bank Polska stake

Erste Group plans a voluntary all-cash tender offer for Erste Bank Polska to lift its 49% stake by up to 26%. Target ownership above 50% but no more than 75%, keeping at least 25% free float. Offer price expected at about PLN 713 per share, based on the 3-month VWAP before Sept. 28, 2026. Launch targeted for early November 2026 with a 30-day subscription period; settlement expected in December 2026. Deal to be funded from internal resources; post-offer CET1 ratio targeted above 14.25%, with EPS accretion expected from 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Erste Group Bank AG published the original content used to generate this news brief via pressetext (Ref. ID: 202609251405PRESSTXTEUPR____1095EDBB7A3F3D6FD1B9178572C572A) on September 25, 2026, and is solely responsible for the information contained therein. (C)