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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Sampo Oyj    SAMPO   FI0009003305

SAMPO OYJ (SAMPO)
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Sampo Oyj : Sampo Completes Saxo Bank Deal

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09/14/2018 | 10:16am CEST
TIDMSAMPO 
 
 
   SAMPO PLC           STOCK EXCHANGE RELEASE      14 September 2018 at 
11:00 am 
 
   Sampo completes Saxo Bank deal 
 
   Sampo announced on 2 October 2017 that it will buy 19.9 per cent of 
shares in Saxo Bank Group for EUR 265 million. At the same time, Geely 
Financials Denmark A/S, a subsidiary of Zhejiang Geely Holding Group 
Co., Ltd, announced that it will increase its stake to 51.5 per cent in 
Saxo. 
 
   The parties of the transaction have now received all the regulatory 
approvals required. Thus, the transaction will be completed as agreed. 
Co-founder and CEO of Saxo Group Kim Fournais' stake of 25.71 per cent 
remains unchanged. 
 
   SAMPO PLC 
 
   Jarmo Salonen 
 
   Head of Investor Relations and Group Communications 
 
   tel. +358 10 516 0030 
 
   Mirko Hurmerinta 
 
   IR & Communications Specialist, Media Relations 
 
   tel. +358 10 516 0032 
 
 
 
   Distribution: 
 
   Nasdaq Helsinki 
 
   London Stock Exchange 
 
   The principal media 
 
   Financial Supervisory Authority 
 
   www.sampo.com 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Sampo Oyj via Globenewswire 
 
 
  http://www.sampo.com 
 

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