In connection with the merger between SpareBank 1 Sørøst-Norge and SpareBank 1
SR-Bank ASA on October 1, 2024, the pre-emptive rights to the company's shares
in the entities were triggered. Following negotiations, an agreement was entered
into on December 19, 2024, stipulating that the remaining banks in the company,
in a contractually agreed distribution, will purchase all shares owned by
SpareBank 1 Sørøst-Norge -now merged into SpareBank 1 Sør-Norge ASA, in
Samarbeidende Sparebanker AS, SpareBank 1 SamSpar AS and Samarbeidende
Sparebanker Utvikling DA.
As a result, SpareBank 1 Sør-Norge will no longer hold ownership in
Samarbeidende Sparebanker AS, SpareBank 1 SamSpar AS, or Samarbeidende
Sparebanker Utvikling DA after the transaction is completed.
The transaction will be completed December 30th, 2024. It will not have a profit
or loss effect, as it will be accounted for against the opening balance in
connection with the merger.
The ownership in SpareBank 1 Gruppen and SpareBank 1 Utvikling DA within the new
SpareBank 1 Sør-Norge remains unchanged and is identical to the ownership
previously held by SpareBank 1 SR-Bank, at 19.5% and 18.0%, respectively.
Stavanger, December 20, 2024
Contact persons:
Roar Snippen, Executive Vice President, Finance, Economy, and Sustainability,
Tel: +47 976 10 360
Mona Storbrua, IR Coordinator, Tel: +47 916 39 833
This information is disclosed pursuant to the requirements of the Securities
Trading Act § 5-12