SEB sells shares in Tallinn and Vilnius exchanges to NASDAQ OMX Nordic

SEB sells shares in Tallinn and Vilnius exchanges to NASDAQ OMX
Nordic

ID: 8555

(Thomson Reuters ONE) - SEB has agreed with NASDAQ OMX Nordic to sell its minorityshareholdings in NASDAQ OMX Tallinn and NASDAQ OMX Vilnius exchanges."For SEB and all other market participants in the Baltic countries itis important to grow the size and improve the liquidity of thesemarkets", says Annika Falkengren, CEO and President of SEB. "The saleof our shares is an important step in this direction and is positivenot only to us but to the region as a whole", states AnnikaFalkengren.Prior to NASDAQ OMX's acquisition of the shares in NASDAQ OMX Tallinnand NASDAQ OMX Vilnius, SEB held 12.1 percent of the shares in NASDAQOMX Tallinn and 1.2 percent in NASDAQ OMX Vilnius. As a consequenceof the transaction, SEB is divesting all of its shares in the twoexchanges.SEB is a North European financial group serving some 400,000corporate customers and institutions and five million privateindividuals. SEB offers universal banking services in Sweden, Germanyand the Baltic countries - Estonia, Latvia and Lithuania. It also haslocal presence in the other Nordic countries, Ukraine and Russia anda global presence through its international network in majorfinancial centres. On 30 September 2009, the Group's total assetsamounted to SEK 2,233bn (~EUR 219bn) while its assets undermanagement totalled SEK 1,295bn (~EUR 127bn).The Group has about20,000 employees. Read more about SEB at www.sebgroup.com._____________________________________________For further information, please contact:Press contact: Elisabeth Lennhede, +46 70-763 99 16,Elisabeth.lennhede(at)seb.sehttp://hugin.info/1208/R/1355716/329184.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 18.11.2009 - 10:02 Uhr
Sprache: Deutsch
News-ID 8555
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