BN Bank ASA and SpareBank 1 Næringskreditt AS – completed transaction

Reference is made to the stock exchange notice dated 28 February 2019 with respect to an agreement between the banks of the SpareBank 1 Alliance regarding changes in the ownership structure in BN Bank ASA, including the B-shares in SpareBank 1 Næringskreditt AS.

The transactions were completed today, and BN Bank ASA now has the following ownership structure:

SpareBank 1 SMN 35.02 %
SpareBank 1 SR-Bank 35.02 %
SpareBank 1 Nord-Norge 9.99 %
SpareBank 1 Østlandet 9.99 %
SpareBank 1 BV 5.00 %
SpareBank 1 Østfold Akershus 2.52 %
Sparebanken Telemark 2.46 %

The B-shares in SpareBank 1 Næringskreditt have an identical ownership structure to BN Bank ASA.
SpareBank 1 Markets AS has acted as the financial adviser in the transaction, and Advokatfirmaet BAHR AS has acted as the legal adviser.

Contact details:
Head of Treasury, Per Grøtterød, 47 913 22 138