“Dupa finalizarea tranzactiei privind preluarea BCR, care este asteptata a se incheia pana cel tarziu 21 septembrie, Erste Bank va face o oferta de preluarea a pachetului de 5% din actiunile bancii romanesti detinut in prezent de angajati”, se arata intr-un comunicat de presa al Erste Bank.
“Angajatii, care detin acum un total de 63.397.500 actiuni reprezentand 8% din capital, vor putea fie sa-si vanda actiunile fie sa le schimbe cu actiuni ale Erste Bank. Oferta va consta intr-un pret pe actiune de 7,65 euro, pret platit de Erste Bank la preluarea pachetului majoritar al BCR”, se precizeaza in comunicat.
Daca salariatii BCR vor opta pentru primirea banilor in numerar, banca austriaca le va oferi un pret mai mic (discount) decat cel pe care l-a dat statului roman si celor doua institutii financiare internationale, deoarece considera ca a platit un bonus de succes pentru preluarea celei mai mari banci din Romania. Valoarea discount-ului va fi stabilita in momentul lansarii ofertei.
Conform acordului de privatizare, Erste Bank va putea sa mai cumpere cel mult 2% din capitalul BCR in 2006 si cate cel mult 3% in fiecare din urmatorii doi ani.
Angajatii BCR vor avea si alternativa schimbarii, in acest an, a intregului pachet de 8% din actiunile BCR cu cele ale Erste Bank, la pretul de 7,65 euro per actiune, fara discount. In consecinta, angajatii vor avea posibilitatea sa vanda imediat 50% din actiunile schimbate, restul urmand a fi blocate pe o perioada de un an.
„Avand in vedere pretul actual al actiunilor Erste Bank, rata de conversie a actiunilor BCR in titluri Erste va fi de 6 la 1″, se precizeaza in comunicat.
In scopul schimbului de actiuni BCR, Erste Bank va emite noi actiuni, a caror pret si alte detalii urmeaza sa se stabileasca.
Banca austriaca va emite actiuni noi, pretul de emisiune, numarul de actiuni noi care va fi emis si rata de conversie, urmand sa fie stabilite in continuare.
“Ca urmare a acestei oferte de schimb de actiuni, angajatii BCR care initial au investit in actiunile bancii vor avea acum sansa de a deveni actionari ai Erste Bank”, a explicat Andreas Treichl, presedintele Erste Bank. “Vom profita astfel de oportunitatea de a ne majora participatia in cadrul uneia dintre bancile subsidiare de o importanta vitala pentru noi”, a adaugat Treichl.
Comunicatul de presa al Erste Bank:
Erste Bank to make offer for 8% of BCR’s share capital held by its employees
Following the closing of the transaction, which is expected by 21 September at the latest, Erste Bank der oesterreichischen Sparkassen AG will make an offer for the shares in Banka Comerciala Romana (BCR) currently held by the Bank’s employees.
Employees, who currently hold a total of 63,397,500 shares representing 8% of share capital, will have the opportunity to either sell their shares or swap them for Erste Bank shares. The offer will be based on the price per share (EUR 7.65) paid by Erste Bank when acquiring the majority stake in BCR.
Offer details
In the case of the cash offer, a discount in line with the control premium paid to the Romanian govern-ment will be applied. The exact amount of the discount will be announced at the time of the offer. Ac-cording to the share purchase agreement Erste Bank will be allowed to acquire a maximum of 2% of BCR’s share capital in 2006 and up to 3% in each of the two subsequent years.
In the case of the share offer, BCR’s employees will have the opportunity to swap their entire 8% stake as soon as 2006, based on a purchase price of EUR 7.65 per share without discount. As a result, they will have the option to sell 50% of the swapped shares immediately. A one year lock-up period will be applied to the remaining shares.
Based on the current Erste Bank share price level, the conversion ratio of BCR shares to Erste Bank shares will be 6:1.
New shares will be issued for the purpose of the share swap, an approval for which was granted by the AGM held in May 2006 as part of the authorisation for investment-related capital increases excluding rights issues. This resolution was yesterday called upon by Erste Bank’s Board of Directors subject to the approval by the Supervisory Board.
The conversion ratio, calculation period, issue price, as well as the final number of newly issued Erste Bank shares are yet to be determined. The level of the capital increase and the consequent increase in Erste Bank’s share capital will be dependent on the number of shares swapped by BCR’s employees.
“As a result of the share swap offer, employees previously invested in BCR will have a chance to be-come direct shareholders of Erste Bank”, explained Andreas Treichl, CEO of Erste Bank. “We will con-sequently be taking the opportunity to further increase our stake in a subsidiary of vital importance to us”, continued Treichl.
