logo
Transfer of Oma Savings Bank Plc's own shares for incentive scheme reward payment

Transfer of Oma Savings Bank Plc's own shares for incentive scheme reward payment

Business Upturn21-05-2025

OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE, 25 MAY 2025 AT 11.30 AM EET, CHANGES IN COMPANY'S OWN SHARES
Transfer of Oma Savings Bank Plc's own shares for incentive scheme reward payment
Advertisement
The Board of Directors of Oma Savings Bank Plc (OmaSp or Company) has resolved to transfer 4 819 own shares held by the company without consideration to participants of the share-based incentive scheme 2022-2023 for payment of the reward instalment 2025 in accordance with the plan terms and conditions. The shares will be transferred as a reward from the plan on 21 May 2025.
The transfer of own shares is based on the authorisation granted by the Annual General Meeting held on 8 April 2025.
After the transfer of shares, Oma Savings Bank Plc holds 132 200 own shares in treasury.
Oma Savings Bank Plc
Additional information:
Karri Alameri, CEO, tel. +358 45 656 5250, [email protected]
DISTRIBUTION:
Nasdaq Helsinki Ltd
Major media
www.omasp.fi
OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp's 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners' products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.
OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Inside information, negative profit warning - Oma Savings Bank Plc lowers its earnings guidance for 2025
Inside information, negative profit warning - Oma Savings Bank Plc lowers its earnings guidance for 2025

Yahoo

time37 minutes ago

  • Yahoo

Inside information, negative profit warning - Oma Savings Bank Plc lowers its earnings guidance for 2025

OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE, 15 JUNE 2025 AT 21:55 P.M. EET, INSIDE INFORMATION Inside information, negative profit warning - Oma Savings Bank Plc lowers its earnings guidance for 2025 Oma Savings Bank Plc (OmaSp or Company) lowers its earnings guidance for 2025 as the company's cost level is expected to remain high throughout the 2025 financial year due to investments in risk management and quality processes, increased headcount, and efforts to address the findings of the Financial Supervisory Authority's inspection. In addition, the update to the ECL model implemented during the first quarter has increased the level of credit loss provisions more than anticipated. Furthermore, fee and commission income is expected to grow more slowly than anticipated in the prevailing economic environment. OmaSp estimates that the Group's comparable profit before taxes is EUR 50-65 million for the financial year 2025. New business outlook and earnings guidance for 2025 are as follows (updated 15 June 2025): The outlook for the Company's business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025. Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management's insight into the Group's business development. We estimate the Group's comparable profit before taxes to be EUR 50–65 million for the financial year 2025 (comparable profit before taxes was EUR 86.7 million in the financial year 2024). Previous business outlook and earnings guidance (published 5 May 2025): The outlook for the Company's business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025. Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management's insight into the Group's business development. We estimate the Group's comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range (comparable profit before taxes was EUR 86.7 million in the financial year 2024). Oma Savings Bank Plc Additional information:Karri Alameri, CEO, tel. +358 45 656 5250, Liiri, CFO, tel. +358 40 835 6712, DISTRIBUTION: Nasdaq Helsinki LtdMajor OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp's 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners' products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations. OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

SSCP Lager BidCo AB (publ) successfully issues subsequent notes of SEK 200 million
SSCP Lager BidCo AB (publ) successfully issues subsequent notes of SEK 200 million

Yahoo

time2 days ago

  • Yahoo

SSCP Lager BidCo AB (publ) successfully issues subsequent notes of SEK 200 million

SSCP Lager BidCo AB (publ) ('Logent' or the 'Company') has successfully issued subsequent senior secured floating rate notes in an amount of SEK 200,000,000 under the terms and conditions of the Company's outstanding notes loan 2023/2026 with ISIN SE0021021193 (the 'Subsequent Notes'). The order book was significantly oversubscribed, and the Subsequent Notes were issued to 102 per cent. of nominal amount. The Subsequent Notes carry a floating interest rate of 3m Stibor + 625 basis points and will mature in December 2026. Logent intends to apply for admission to trading of the Subsequent Notes on the corporate bond list of Nasdaq Stockholm. The net proceeds from the issuance of the Subsequent Notes will be applied towards consummation of the acquisition of the Finnish entity HUB logistics Finland Oy, financing transaction costs and general corporate purposes. Following the issuance of the Subsequent Notes, the aggregate outstanding nominal amount under the notes loan is SEK 1,050 million. The Company has mandated Nordea Bank Abp and Pareto Securities AS as Joint Bookrunners in connection with the issuance of the Subsequent Notes. Snellman Advokatbyrå AB has acted as legal advisor to the Company and Gernandt & Danielsson Advokatbyrå KB has acted as legal advisor to the Joint Bookrunners. For further information, please contact: Joel Engström, CEO, telephone number: +46 734 36 36 29, About Logent GroupLogent is an independent logistics partner, with a Nordic base present in Northern Europe and global networks. We have a wide range of services and create value for our customers through guaranteed cost and quality improvements. Our service offer include Logistics Services such as Warehouse design and operations, Transport Management and Customs, Port and Terminal operations, Staffing Services and Consulting Services. This means that Logent has grown to a turnover of about SEK 2.4 billion from the start in 2006 and employs approximately 2,800 people in Northern Europe. Attachment in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Notification under Chapter 9, Section 10 of the Securities Market Act: Holdings of Parkanon Säästöpankkisäätiö in Oma Savings Bank Plc decreased below 10 percent
Notification under Chapter 9, Section 10 of the Securities Market Act: Holdings of Parkanon Säästöpankkisäätiö in Oma Savings Bank Plc decreased below 10 percent

Yahoo

time2 days ago

  • Yahoo

Notification under Chapter 9, Section 10 of the Securities Market Act: Holdings of Parkanon Säästöpankkisäätiö in Oma Savings Bank Plc decreased below 10 percent

OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 13 JUNE 2025 AT 15:40 P.M. EET, MAJOR SHAREHOLDER ANNOUNCEMENT Notification under Chapter 9, Section 10 of the Securities Market Act: Holdings of Parkanon Säästöpankkisäätiö in Oma Savings Bank Plc decreased below 10 percent On 13 June 2025, Oma Savings Bank Plc (OmaSp) received a notification under Chapter 9, Section 5 of the Securities Market Act (SMA) from Parkanon Säästöpankkisäätiö (business ID 0136324-1), according to which Parkanon Säästöpankkisäätiö's holding and voting rights in OmaSp decreased below 10 percent threshold on 12 June 2025. According to the announcement, Parkanon Säästöpankkisäätiö sr owns 3,330,000 OmaSp shares, corresponding to 9.99 percent of OmaSp's shares and votes. OmaSp has one class of shares in which each share has one vote. The total number of shares is 33,317,089. The holding of Parkanon Säästöpankkisäätiö sr according to the announcement: % of shares and voting rights (A) % of shares and voting rights through financial instruments (B) Total of both in % (A+B) Total number of shares and voting rights of issuer Resulting situation on the date on which threshold was crossed or reached 9,99 NA 9,99 33 317 089 Positions of previous notification (if threshold crossed) 10,00 NA 10,00 33 292 771 Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: Shares and voting rights: Class/type of shares Number of shares andvoting rights % of shares andvoting rights ISIN code Direct (SMA 9:5) Indirect(SMA 9:6 and 9:7) Direct (SMA 9:5) Indirect(SMA 9:6 and 9:7) FI4000306733 3 330 000 0 9,99 0 A total 3 330 000 9,99 Oma Savings Bank Plc Additional information: Karri Alameri, CEO, tel. +358 45 656 5250, Distribution: Nasdaq Helsinki LtdMajor OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp's 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners' products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations. OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store