NONG: Adjusted Equity Certificate fraction

NONG: Adjusted Equity Certificate fraction

ID: 56764

(Thomson Reuters ONE) -


Reference is made to the completed rights issue and private placements in
SpareBank 1 Nord-Norge.

The Equity Certificate (EC) holders' share of the parent bank's equity, (EC
fraction), has changed due to the completed rights issue and private placements,
and transfer of funds from the Savings Bank's Fund to "Sparebankstiftelsen
SpareBank 1 Nord-Norge".

The new EC fraction effective from 01.01.12 is calculated to be 42.43 %.  When
distributing the parent bank result for the financial year 2011, 6/12 of the net
proceeds from the rights issue and private placements are included in the
calculation of the EC fraction.  The EC fraction for the accounting year 2011 is
calculated to be 38.74 %.

Tromsø, 27 July 2011

Contact persons at SpareBank 1 Nord-Norge:
CFO Rolf Eigil Bygdnes: +47 905 19 774

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#1533939]




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Bereitgestellt von Benutzer: hugin
Datum: 27.07.2011 - 15:42 Uhr
Sprache: Deutsch
News-ID 56764
Anzahl Zeichen: 1631

contact information:
Town:

Tromsø



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Business News



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