As a consequence of the ongoing press coverage of the redemption of and pricing
of the bankTrelleborg share, this is to inform that Sydbank A/S will not be
redeeming the shares. The bankTrelleborg share will be redeemed by Fonden for
bankTrelleborg at a price fixed by the accountants of bankTrelleborg.
Sydbank A/S has concluded a purchase agreement for the purchase of 100% of the
shares in bankTrelleborg at the price of DKK 59.3 per share of DKK 20 as
announced. This purchase price has been fixed and cannot be changed by any
subsequent legal trial of the measurement in connection with the assessment.
Therefore any objections raised by the minority shareholders against the
redemption price will be an issue between the party handling the compulsory
redemption - Fonden for bankTrelleborg - and the shareholder.
Yours faithfully
Carsten Andersen Preben L. Hansen
Group Chief Executive Deputy Group Chief Executive
Please direct any enquiries to:
Carsten Andersen, Group Chief Executive, tel +45 7436 2000 or
Preben L. Hansen, Deputy Group Chief Executive, tel +45 7436 2020
