Nova Ljubljanska Banka d.d. (NLB), the Ljubljana-headquartered banking group operating across South-Eastern Europe, has announced its 47th General Meeting will be held on 14th December 2026 to vote on two significant shareholder resolutions. Shareholders will consider a second dividend tranche of EUR 138,400,000, equivalent to EUR 6.92 gross per share, and a proposed 5-for-1 share split. Together, the two 2026 dividend pay-outs would total EUR 276.8 million, representing 55% of NLB's 2025 net profit — a figure the bank says places it among the top dividend payers in both the domestic and European banking indices.

Key Points

  • Nova Ljubljanska Banka d.d. (NLB) — Ljubljana Stock Exchange listed banking group
  • 47th General Meeting scheduled for 14th December 2026 at Cankarjev dom, Ljubljana, with virtual participation also available
  • Second dividend tranche proposed at EUR 138,400,000 (EUR 6.92 gross per share), with payment date of 22nd December 2026; proposed 5-for-1 share split to take effect 8th February 2027
  • Investors should watch the shareholder vote outcome on both the dividend resolution and the share split proposal at the December meeting

NLB Proposes EUR 138.4m Second Dividend Tranche from 2025 Profit, Payable 22nd December 2026

The Management and Supervisory Boards of NLB are recommending shareholders approve an additional allocation of distributable profit for 2025, comprising a dividend of EUR 138,400,000 in total, or EUR 6.92 gross per share. The payment is proposed for 22nd December 2026, with the record date — the Cut-Off Date — set at 21st December 2026, being five working days after the General Meeting. The announcement states that because this proposed amount is not included in the capital base, the distribution will not affect NLB Group's capital ratios, which the bank says will remain well above regulatory requirements following payment.

Combined 2025 Dividends Reach EUR 276.8m, Equal to 55% of NLB's 2025 Net Profit

The proposed second tranche mirrors the first dividend pay-out made on 23rd June 2026, which also totalled EUR 138,400,000, or EUR 6.92 gross per share. Combined, the two distributions amount to EUR 276.8 million, equating to 55% of NLB's 2025 net profit, according to the announcement. The bank states this level of distribution reflects its commitment to shareholder value and positions it among leading dividend payers across European banking indices. The remaining portion of distributable profit would be retained as earnings under the boards' proposal.

Proposed 5-for-1 Share Split Would Adjust GDR-to-Share Ratio from 5:1 to 1:1 by February 2027

Shareholders will also vote on a proposal to split NLB's share capital, currently comprising 20,000,000 no-par-value shares, into 100,000,000 no-par-value shares, with each existing share divided into five. The split is proposed to take effect on 8th February 2027. The announcement confirms the split would not affect Global Depositary Receipt (GDR) holders' rights, though the GDR-to-share ratio would change from 5:1 to 1:1, meaning each GDR would subsequently represent one share. Shareholder rights would remain unchanged throughout the process.

CEO Blaž Brodnjak Cites Share Accessibility and Broader Investor Reach as Drivers Behind Split Proposal

NLB CEO Blaž Brodnjak commented in the announcement that the bank's share has risen from EUR 51.50 at its November 2018 listing to EUR 209 at close on 3rd November 2026, reflecting substantial growth across the NLB Group. He stated the proposed split, by lowering the individual share price, is intended to make NLB shares more affordable and tradeable for a broader base of retail and institutional investors across Ljubljana, London, and beyond. Brodnjak described the proposal as a practical, forward-looking step designed to support NLB's ambitions on capital markets.