Other

VTB attracts up to 84.7 billion rubles as part of the largest SPO since 2023


September 22, 18:21

VTB Bank announced the preliminary results of its second public deposit of shares (SPO). This transaction has become the largest in the last 12 months in the banking sector of Europe and one of the most significant over the past 10 years in the Russian market.

The process of exchange fees of applications ended on September 18, 2025, and already on the first day the demand of investors exceeded the volume of supply.

The price price was set at 67.0 rubles per share, and the total demand amount of demand reached 180 billion rubles. The VTB Supervisory Board decided to place up to 1.264 billion shares, which will attract up to 84.7 billion rubles. The placement includes 1.169 billion shares that will be offered on the exchange, as well as up to 94.8 million shares for the exercise of pre -emptive law.

Retail investors also actively participated in the placement: the volume of applications from VTB broker customers amounted to about 50 billion rubles. The largest Russian institutional investors, including pension funds and management companies, received 59 % of allocations from the size of exchange placement.

The raised funds will be aimed at the common corporate goals of the bank and will increase the standards for the sufficiency of capital both VTB and its group. In addition, it is expected that placement will increase the liquidity of the bank shares and increase their weight in exchange indices. The share of ordinary shares in free circulation after the completion of the placement will be more than 49 %, while the control package will remain in the Russian Federation.