06.07.2017 - RBI: Raiffeisen Bank Polska IPO to be postponed

Raiffeisen Bank International AG (RBI) decided today to suspend the Initial Public Offering (IPO) of its subsidiary Raiffeisen Bank Polska S.A. This was due to an insufficient level of interest in the offer on terms that meet the parameters of RBI’s commitment to the Polish Financial Supervisory Authority to float shares of Raiffeisen Bank Polska on the Warsaw Stock Exchange. The decision to suspend the IPO was taken without an indication of a new timetable to replace the previously announced offering period. In connection with its decision to suspend the IPO, RBI has filed a supplement to the issue prospectus, which is still subject to the approval of the Polish regulator. RBI is in discussions with the Polish regulator on how to proceed.

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NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA.

This release does not constitute a prospectus for the purposes of Directive 2003/71/EC and does not contain or constitute or form a part of any offer or invitation, or any solicitation of an offer, for securities and should not be relied on in connection with any contract or commitment whatsoever. The offering of the securities referred to in this release (the “Offering”) and the distribution of this release and other information in connection with the Offering in certain jurisdictions may be restricted by law, and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

On 28 June 2017, the Polish Financial Supervision Authority (Komisja Nadzoru Finansowego) approved the prospectus (the “Prospectus”) prepared in connection with the Offering. The Prospectus (in Polish), together with any supplements (aneksy) and update communicates (komunikaty aktualizujace) thereto, and with the announcement of the price of the sale shares offered in the Offering (upon its drafting and publication), has been posted on, and will, during its validity period, continue to be available in an electronic form on Raiffeisen Bank Polska’s (RBPL) website (www.raiffeisenpolbank.pl). The Prospectus is the sole legally binding offering document which contains, for the purposes of the Offering, information about RBPL, the shares (including the sale shares) and the Offering.

This release is not an offer for the sale of securities of RBPL in the United States. Securities of RBPL referred to herein may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. RBPL has not registered and does not intend to register any portion of the Offering in the United States or to conduct a public offering of any securities in the United States and any sale of the securities of RBPL referred to herein in the United States or to U.S. persons will be made pursuant to an exemption from the registration requirements under the U.S. Securities Act of 1933, as amended and, accordingly, will be made only to persons who are “qualified institutional buyers” as defined in Rule 144A under the U.S. Securities Act of 1933, as amended, that are also “qualified purchasers” as defined in the U.S. Investment Company Act of 1940, as amended. RBPL is not and will not be registered under the U.S. Investment Company Act of 1940, as amended. Copies of this release and the information contained herein are not being, and should not be, distributed or sent (directly or indirectly) into the United States.

This release is for promotional purposes only and under no circumstances shall constitute an offer or invitation, or form the basis for a decision, to invest in the securities of RBPL.

Ingrid Krenn-Ditz

Head of Group Communications | Corporate Spokeswoman
Raiffeisen Bank International AG
Am Stadtpark 9, 1030 Wien
Tel: +43-1-71707-6055
Fax: +43-1-71707-3802
ingrid.krenn-ditz@rbinternational.com
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