Announcement under Chapter 9, Section 10 of the Securities Markets Act: OP-Pohjola Group Central Cooperative's shareholding in Pohjola Bank plc
ET | Source:OP Yrityspankki Oyj
Pohjola Bank plc
Stock exchange release
9 April 2014, at 12.00
Announcement under Chapter 9, Section 10 of the Securities Markets Act: OP-
Pohjola Group Central Cooperative's shareholding in Pohjola Bank plc
On 9 April 2014, Pohjola Bank plc received an announcement, in accordance with
Chapter 9, Section 5 of the Securities Markets Act, from OP-Pohjola Group
Central Cooperative that OP-Pohjola Group Central Cooperative has purchased
Pohjola Bank plc shares, based on its bid for the shares, with the result that
its holding exceeds two-thirds and the threshold of 90% of all Pohjola Bank plc
shares and the threshold of 90% of the votes conferred by the shares. The
execution of the trades on 8 April 2014 based on the bid has increased the total
shareholding of OP-Pohjola Group Central Cooperative in Pohjola Bank plc to
94.05% of all Pohjola Bank plc shares and the votes conferred by the shares to
96.78% of all the votes.
Offeror's existing shares and votes:
Number of shares: 300,547,394
Proportion of all shares: 94.05%.
Number of votes: 570,713,590.
Proportion of votes: 96.78%.
The number of Pohjola Bank plc's registered shares totals 319,551,415 which
represent a total of 589,717,611 votes.
Pohjola Bank plc
Chief Communications Officer
NASDAQ OMX Helsinki
London Stock Exchange
FOR MORE INFORMATION, PLEASE CONTACT:
Vesa Aho, CFO, tel. +358 (0)10 252 2336
Niina Pullinen, Senior Vice President, Investor Relations, tel. 010 252 4494
Pohjola is a Finnish financial services group which provides its customers with
banking, non-life insurance and asset management services. Our mission is to
promote the sustainable prosperity, security and wellbeing of our customers.
Profitable growth and an increase in company value form our key objectives.
Pohjola Group serves corporate customers in Finland and abroad by providing an
extensive range of financial, investment, cash-management and non-life insurance
services. The Group offers non-life insurance and private banking services to
private customers. Pohjola Series A shares have been listed on the Large Cap
List of the NASDAQ OMX Helsinki since 1989. Pohjola's consolidated earnings
before tax amounted to 473 million euros in 2013 and the balance sheet total
amounted to 44 billion euros on 31 December 2013. Pohjola is part of OP-Pohjola
Group, the leading financial services group in Finland with 4.3 million
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