Erste Group sets PLN 713 offer for Santander Bank Polska stock

Published on 10/14/2026 at 09:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Erste Group announced a PLN 713 offer on September 25, 2026. Santander Bank Polska stock costs EUR 179.08 on October 14, 2026.

Offer terms and ownership thresholds

Erste Group announced a PLN 713 tender offer on September 25, 2026.
The planned transaction could lift Erste Group's stake from 49.00 percent to 75.00 percent.
Santander Bank Polska stock was trading at EUR 179.08 at 9:07 a.m. CEST on October 14, 2026.

Santander Bank Polska, PLBZ00000044, Illustration mit AI erstellt.

Santander Bank Polska (ISIN PLBZ00000044) was trading at EUR 179.08 at Lang & Schwarz at 9:07 a.m. CEST on October 14, 2026. The key corporate event remains Erste Group's planned tender offer announced on September 25, 2026, at PLN 713 per share, according to Bankier.

Ownership could reach 75 percent

Erste Group already holds 49.00 percent of the bank and plans to acquire up to an additional 26.00 percent. The proposed structure would take its holding above 50.00 percent but no higher than 75.00 percent, while a free float of at least 25.00 percent is part of the conditions described in the September 25, 2026 announcement.

The offer is conditional on regulatory approval and acceptance conditions. If shareholders tender more than 26.00 percent of the shares, Erste Group said it would remain at its existing 49.00 percent stake, according to Bankier.

What happens after September?

The formal tender offer was planned for the start of November 2026, with a 30-day subscription period. Completion and settlement were anticipated for December 2026, giving the timetable two clearly dated milestones for shareholders tracking the ownership change.

The market context is unusually important because the offer price is stated in PLN, while the German investor view in this article uses the EUR quote. The two values describe different currencies and are not combined into a single return calculation.

Stock trades at a dated euro level

Santander Bank Polska stock was trading at EUR 179.08 at Lang & Schwarz on October 14, 2026 at 9:07 a.m. CEST. The bank is listed on GPW under ticker SPL.WA in PLN, according to Global Banking and Finance.

The further course of trading is shown by the continuously updated real-time quote of Santander Bank Polska stock.