On
The Board of Directors has received a revised indicative offer from Nordax at
On the basis of this revised offer and after careful consideration the Board of Directors has resolved to grant Nordax access to a confirmatory due diligence process and the parties have entered into an agreement to this effect.
The Board of Directors will revert with its statement to shareholders in respect of any offer after the due diligence process has been completed.
Any recommendation by the Board of Directors is subject to agreement on the terms of the offer.
There is no certainty at this stage that any offer will be made or that the Board of Directors will recommend an offer. The decision by the Board of Directors to grant access to due diligence does not imply a recommendation of the revised proposal. Further announcements will be made when appropriate.
Contact person:
Head of Treasury Mats Benserud; phone +47 95891539; e-mail mbe@banknorwegian.no
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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