SUMMARY It should be noted as an introduction to the Summary that: 1. This summary should be read as an introduction to the Prospectus 2. Any decision to invest in the securities should be made on the basis of the Prospectus in its entirety 3. In case a legal action is commenced regarding the Prospectus information, the plaintiff investor may have to defray the costs for translation of the Prospectus before the proceedings start 4. The natural or legal persons who have drafted the summary or any translations hereof and requested its approval may incur civil liability for damages, where (and only where) it is misleading, incorrect or conflicting when read together with other parts of this Prospectus BACKGROUND FOR ISSUANCE OF SHARES Capinordic A/S has carried out two direct placements in connection with company acquisitions, thereby increasing the Company's share capital by a nominal amount DKK 3,432,594, corresponding to 6,865,188 new shares of a nominal value of DKK 0.50 each. The capital increases were through the exercise by the Supervisory Board of the authority provided in Article 8 of the Company's Articles of Association, according to which the Supervisory Board of Capinordic A/S is authorised, until 12 April 2012, to carry out one or more increases of the share capital by subscription for new shares of up to a nominal amount of DKK 25,000,000, corresponding to 50,000,000 shares of a nominal value of DKK 0.50 each. At 20 December 2007, the authority provided by Article 8 of the Company's Articles of Association covered a nominal amount of DKK 10,337,253, corresponding to 20,674,506 shares of a nominal value of DKK 0.50 each. The acquisitions were the purchases of Steffen Rønn Fondsmæglerselskab A/S, Dansk O.T.C Fondsmæglerselskab A/S (hereinafter referred to as Dansk O.T.C) and Dansk Autoriseret Markedsplads A/S (hereinafter referred to as “Dansk AMP”). Steffen Rønn Fondsmæglerselskab A/S On 11 October 2007, Capinordic A/S announced that the purchase agreement relating to Steffen Rønn Fondsmæglerselskab A/S was final. The total purchase price at the date of acquisition was fixed at DKK 138m, of which DKK 97m was payable in shares, corresponding to 4,162,486 shares of a nominal value of DKK 0.50 each. The subscription price was fixed at DKK 23.30 and calculated as a weighted average of the market price from 27 September until 10 October 2007. The shares issued are subject to a three-year lock-up agreement from the date of execution of the agreement. The purchase agreement includes a price adjustment mechanism which relates to the share consideration and is based on the performance of Steffen Rønn Fondsmæglerselskab A/S in the lock-up period. The shares issued in connection with the acquisition of Steffen Rønn Fondsmæglerselskab A/S were registered with the Danish Commerce and Companies Agency on 24 October 2007. Dansk O.T.C Fondsmæglerselskab A/S and Dansk Autoriseret Markedsplads A/S On 12 October 2007, Capinordic A/S announced that the acquisition of Dansk O.T.C and Dansk AMP was final. Dansk O.T.C will be included in the consolidated financial statements of Capinordic A/S with effect from 12 October 2007. Dansk AMP will be included under the item ‘Assets held temporarily'. The total remuneration for Dansk O.T.C and Dansk AMP was DKK 105m. The remuneration for Dansk O.T.C consisted partly of a cash payment of DKK 20m and partly of 2,702,702 new shares in Capinordic A/S. The subscription price was fixed at DKK 27.75 per share. The subscription price was fixed as a weighted average over ten trading days of the price quoted for Capinordic A/S up to and including 21 March 2007. The consideration for Dansk AMP amounting to DKK 10m was paid in cash. The shares are subject to a three-year lock-up provision from the date of final conclusion of the agreement so that the shares will be finally released and at the sellers' disposal in three portions at one-year intervals and by up to one-third per year. The acquisition of Dansk O.T.C became final on 12 October 2007. The shares issued in connection with the acquisition of Dansk O.T.C were registered with the Danish Commerce and Companies Agency on 24 October 2007. The new shares entitle their holders to dividends for 2007.