NLB

Report Publication Announcement • Dec 27, 2019

Category: Inside information

Published on: SEOnet

Published at:  24.12.2019 13:50

Published document ID: INI-903/19

INI-892/19

NLB, d. d., Ljubljana

Information on the early repayment of the subordinated Tier 2 loan intended for inclusion into additional capital in the amount of EUR 45 million

Pursuant to the provisions of the Rules of the Stock Exchange, Article 17 of the Regulation (EU) No. 596/2014, and Article 130 of the Market in Financial Instruments Act (ZTFI-1), Nova Ljubljanska banka, d.d., Ljubljana, hereby publishes the following notice:

The company NLB d.d. (hereinafter also: the company) has on 17 September 2019 entered into a loan agreement relating to a EUR 45 million of subordinated Tier 2 loan intended for the inclusion into additional capital (hereinafter also: the loan) to strengthen and optimise its capital structure.

The company may only include the loan in calculation of additional capital according to Article 63 of CRR regulation after obtaining an approval from the ECB pursuant to the second paragraph of Article 129 of Zban-2. As such approval has not been granted by 23 December 2019 and is not reasonably expected to be granted in the near future, the company will exercise the prepayment of the loan in January 2020.

Prepayment of the loan will not jeopardise compliance by the company with the regulatory capital requirements, including capital buffers and other currently known requirements, applicable to it.

This announcement will be available on the company’s website (www.nlb.si) as of 24 December 2019.

Investor Relations,

NLB d.d., Ljubljana

Date: 27.12.2019