Stock Exchange Announcement no. 14/2009
The conversion of Fionia Bank is now in place
The last business day of Fionia Bank Holding A/S is today. Thursday, 28 May
2009 is the first business day of the new Fionia Bank A/S. The announced
conversion according to the framework agreement with Financial Stability of 22
February 2009 is implemented.
Fionia Bank A/S is a well consolidated bank with a solvency of 11.5 percent.
Financial Stability injects Hybrid capital of totally 790 million DKK.
Fionia Banks customers and other unsecured creditors are covered by the
guarantee scheme as described in the attached statement from Financial
Stability (www.fioniabank.dk).
Best regards
Jørgen Bast
CEO
