Sydbank — M&A Activity 2014

Mar 24, 2014

Sydbank A/S / Miscellaneous

24.03.2014 08:33

Dissemination of a Regulatory Announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------

Aabenraa, Denmark, 2014-03-24 08:33 CET (GLOBE NEWSWIRE) -- Today, Advent International, ATP and Bain Capital have signed an agreement to acquire 100% of the share capital of Nets from the existing shareholders, a group of approx 190 Danish and Norwegian banks, for a cash consideration of DKK 17 billion, equal to DKK 92.37 per share. In addition, the shareholders will receive dividend for 2013 totalling DKK 498 million, equal to DKK 2.70 per share.

The acquisition is subject to regulatory approval and is expected to be completed in Q2 2014.

Sydbank owns 2.456% of the share capital of Nets and the acquisition will imply extraordinary income of DKK 147 million for Q1 2014.

Click on, or paste the following link into your web browser, to view the associated documents

https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=465603

News Source: NASDAQ OMX

24.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English Company: Sydbank A/S

Denmark

Phone: Fax: E-mail: Internet: ISIN: DK0010311471 Category Code: MSC TIDM: 0G6U Sequence Number: 1952 Time of Receipt: March 24, 2014 08:33:41

End of Announcement DGAP News-Service

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