NONG: New equity capital registered

NONG: New equity capital registered

ID: 55939

(Thomson Reuters ONE) -


Reference is made to the stock exchange notice in 21 June 2011 in connection
with the completed private placement in SpareBank 1 Nord-Norge.  The bank has
also converted NOK 999 937 from the savings bank's fund into 32 226 new equity
certificates for which the Sparebankstiftelsen SpareBank 1 Nord-Norge, the
Foundation, become the owner. Following the conversion the equity certificate
capital increase by NOK 805 650 while NOK 194 323 will be transferred to the
premium reserve. This is in line with the conditions given by The Financial
Supervisory Authority of Norway. For further information reference is made to
the stock exchange notice dated 14 April 2011.

The capital increase in connection with the private placement and conversion was
registered with the Norwegian Register of Business Enterprises on 28 June 2011
and the savings bank has received a new Certificate of Registration in
connection with the capital increase. The Bank's equity capital now amounts to
NOK 1 655 224 675 allocated between 66 208 987 equity certificates of NOK 25
each, fully paid up. The new equity certificates issued in connection with the
private placement and conversion will on 29 June 2011 be transferred to the VPS-
accounts of each subscriber and at the same time be assumed for listing on Oslo
Børs.

Tromsø, 29 June 2011

Contact persons at SpareBank 1 Nord-Norge:

CEO  Hans Olav Karde:             +47 901 51 981

Deputy CEO  Oddmund Åsen:     +47 906 72 757

CFO Rolf Eigil Bygdnes:             +47 905 19 774

About SpareBank 1 Nord-Norge:
SpareBank 1 Nord-Norge is a leading provider of financial products and services
within the  retail  banking  and  corporate  banking  markets and public sector
throughout  the region. The Bank has a total customer base of around 244,000




retail banking customers, around 36,500 corporate customers, including public
sector agencies, clubs and associations, and around 101,000 insurance customers.

The Bank has 74 branch offices in Finnmark, Troms, Nordland and Svalbard. In
September 2010, SpareBank 1 Nord-Norge established banking operations in Russia
through North-West 1 Alliance Bank.   SpareBank 1 Nord-Norge holds a 75 percent
ownership interest in the bank, while the remaining 25 per cent of the shares is
owned by SpareBank 1 Nord-Norge's Russian partner Bank Tavrichesky in St.
 Petersburg.  The new bank is headquartered in St.  Petersburg and has a branch
office in Murmansk
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: SpareBank 1 Nord-Norge via Thomson Reuters ONE

[HUG#1526651]


Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  LONDON MINING - MARAMPA BARGING AND TRANSHIPMENT CONTRACTS SIGNED Schibsted ASA (SCH) - Share buy-back
Bereitgestellt von Benutzer: hugin
Datum: 29.06.2011 - 08:01 Uhr
Sprache: Deutsch
News-ID 55939
Anzahl Zeichen: 3414

contact information:
Town:

Tromsø



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 217 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"NONG: New equity capital registered"
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