With reference to Company Announcement no. 2 of 13 January 2015 and Company
Announcement no. 5 of 23 February 2015, it is hereby announced that Spar Nord
Bank A/S (“Spar Nord”) has concluded agreements with investors, which means
that Spar Nord will not become a shareholder of the continuing bank if the
tender offer for Nørresundby Bank A/S (“Nørresundby Bank”) made by Nordjyske
Bank A/S (“Nordjyske Bank”) goes through and if the rights issue stated in the
offering document is successfully completed.
In this light, Spar Nord has decided to accept the tender offer made by
Nordjyske Bank, and at the Extraordinary General Meeting on 26 February to vote
in favour of the amendments to the articles of association of Nørresundby Bank
described in the tender offer.
Questions regarding this announcement
Please contact Lasse Nyby, Chief Executive Officer, at tel.+45 9634 4011, or
Ole Madsen, Senior Vice President, Communication & IR, at tel. +45 9634 4010 if
you have any questions regarding the contents of this Announcement.