Alm. Brand — M&A Activity 2020

Oct 30, 2020

Approval of Sydbank A/S’ acquisition of Alm. Brand Bank A/S

Approval of Sydbank A/S’ acquisition of Alm. Brand Bank A/S

30 October 2020

Announcement no. 41/2020

Approval of Sydbank A/S’ acquisition of Alm. Brand Bank A/S

With reference to company announcement no. 40/2020 of 1 October 2020, Alm. Brand A/S hereby informs that Sydbank A/S’ acquisition of Alm. Brand Bank A/S is approved by both the Danish Financial Supervisory Authority and the Danish Competition and Consumer Authority.

The transaction is expected to be completed as soon as possible and no later than end of November 2020.

Contact

Please direct any questions regarding this announcement to:

Investors and equity analysts:                                 

First Vice President, Investor Relations                                               Senior Investor Relations Officer

Lars Holm                                                                                                  Mikael Bo Larsen

Mobile no. +45 2510 4717                                                                    Mobile no. +45 5143 8002

Press:

Head of Media Relations

Maria Lindeberg

Mobile no. +45 2499 8455

Attachment

• AS 41 2020 - Approval of Sydbanks acquisition of Alm. Brand Bank