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INI-485/15 NLB, d. d., Ljubljana Announcement of the start of the sales process of 100% of the share capital of NLB Interfinanz AG Nova Ljubljanska Banka d.d (the “Seller”) with support from its exclusive financial advisors, Houlihan Lokey (Europe) Limited (“Houlihan Lokey”), hereby announces the commencement of a search for strategic investors to acquire 100% of the share capital of NLB Interfinanz AG (the “Business”), a Swiss-based financial institution, containing a diversified portfolio comprising non-performing exposures predominantly located in South-eastern Europe. The Business includes the portfolio, which has a total gross book value of approximately €300 million and its related servicing platform. Further information can be found on the website of the Business: www.nlbinterfinanz.ch.
Interested investors may request additional information about participation in the sale process by contacting Dilip Awtani (tel. +44 20 7747 7567; email DAwtani@hl.com ) or Luca Gargani (tel. +44 20 7 747 2792; email LGargani@hl.com) at Houlihan Lokey. The Seller together with Houlihan Lokey reserve the right to request, at their own complete discretion, further information about a potential investor and its envisaged financing of the proposed transaction prior to the inclusion of the investor in the sales process.
This announcement was prepared exclusively in order to inform potential investors of the opportunity to express their interest in the sale process and does not in any way oblige the sellers to conclude any kind of agreement on the sale with any potential investor.
This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in the Business or securities in any other entity nor shall it or any part of it nor the fact of its release form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto.
In the United Kingdom, this announcement is directed only at and any investment or investment activity to which this announcement relates is available only to, and will be engaged in only with, persons: (i) who are investment professionals as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) fall within Article 49(2)(a) to (d) of the Order (“high net worth companies, unincorporated associations etc.”) (all such persons being “relevant persons”). This announcement is only for relevant persons and must not be acted on or relied on by persons who are not relevant persons.
Houlihan Lokey is acting for the Seller and no-one else in relation to the Transaction and will not regard anyone other than the Seller as its client and will not be responsible to anyone other than the Seller for providing the protections afforded to the customers of Houlihan Lokey nor for providing advice in relation to any matter contained in this announcement or any matter or arrangement referred to in it.
This announcement will be available on the Bank's website (www.nlb.si) as of 5 June, 2015.
NLB d.d., Ljubljana
Investor Relations
Date: 05.06.2015
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