NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, CANADA, HONG
KONG, JAPAN, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH
KOREA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR
PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES
BEYOND WHAT IS REQUIRED UNDER SWEDISH LAW.
As previously announced, on 2 January 2026, Morrow Bank AB (publ) (the
"Company") completed a cross-border merger with Morrow Bank ASA in connection
with the relisting on Nasdaq Stockholm. Upon completion of the merger, all
Morrow Bank ASA shareholders had their shares in the Company exchanged
one-for-one with shares in Morrow Bank AB (publ), and Morrow Bank ASA was
delisted from Oslo Børs. Today, 9 January 2026, is the first day of trading in
the shares of Morrow Bank AB (publ) on Nasdaq Stockholm.
In connection with the listing on Nasdaq Stockholm certain board members and
members of the management team (PDMRs), and persons closely associated with
such persons, will report that they, as a result of the merger and as a part
of the listing process, have received shares in the Company.
For further information regarding the Relisting, please go to Morrow Bank AB's
website: https://ir.morrowbank.com/merger-information
IMPORTANT INFORMATION
The publication, release or distribution of this press release may be
restricted in certain jurisdictions. Recipients of this press release in the
jurisdictions in which this press release has been published, released or
distributed should inform themselves about and observe such restrictions. This
press release does not constitute an offer, or a solicitation of any offer, to
buy or subscribe for any securities in the Company in any jurisdiction.
This press release does not identify or attempt to identify any risks (direct
or indirect) that may be associated with an investment in securities of the
Company. The information contained in this press release is published for
background purposes only and does not purport to be complete.
This press release does not constitute an offer or invitation to purchase or
subscribe for securities in the United States. The securities referred to
herein may not be sold in the United States absent registration or an
applicable exemption from registration under the U.S. Securities Act of 1933,
as amended. The information contained in this press release may not be
announced, published, copied, reproduced or distributed, directly or
indirectly, in whole or in part, in or into the United States, Australia,
Belarus, Canada, Hong Kong, Japan, New Zealand, Russia, Singapore, South
Africa, South Korea, Switzerland or any other jurisdiction where such
announcement, publication or distribution of this information would be
contrary to applicable laws and regulations.
This press release is not a prospectus as defined in Regulation (EU) 2017/1129
(the "Prospectus Regulation") and has not been approved by any regulatory
authority in any jurisdiction. The Company has not authorized any offer of
securities to the public in any member state of the European Economic Area
("EEA").
This press release contains certain forward-looking statements that reflect
the Company's current views with respect to future events and financial and
operational performance. Words such as "intends", "expects", "anticipates",
"may", "plans", "believes", "estimates" and other expressions that are
indicative or predictive of future developments or trends, and that are not
based on historical facts, constitute forward-looking statements. By its
nature, forward-looking information involves known and unknown risks and
uncertainties because it is dependent on future events and circumstances.
Forward-looking statements are not guarantees of future performance or
development and actual results may differ materially from those expressed in
the forward-looking statements.
Contacts
Eirik Holtedahl, CFO
Tel: +47 96 91 22 91
Email: ir@morrowbank.com
About Morrow Bank
Morrow Bank is a Nordic consumer finance bank offering digital and flexible
financing solutions to creditworthy individuals in Norway, Sweden and Finland.
The bank offers consumer loans, flexible credit products, credit cards and
high-yield deposit accounts, supported by a modern and scalable banking
platform.