Extension of deadline for taking necessary measures and fulfilment of orders limiting the right of disposal

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| Source: Vestjysk Bank A/S
multilang-release

The Danish Financial Supervisory Authority
NASDAQ OMX Copenhagen

Oslo Børs

   


27 June 2014

 


Extension of deadline for taking necessary measures and fulfilment of orders limiting the right of disposal

Following the bank’s company notice of 1 April 2014 regarding “Setting of solvency requirement, orders limiting the right of disposal and orders on a recovery plan” the bank and the Danish Financial Supervisory Authority have reassessed the status of the plan. In connection with this, the Danish Financial Supervisory Authority today informed the bank of an extension of the deadline without a time limit for executing the recovery plan. The orders issued to the bank on 1 April 2014 limiting the right of disposal are upheld and will become void upon the bank’s fulfilment of the individual solvency requirement.

The Danish Financial Supervisory Authority’s notice is attached with this company notice.

The bank is continuing its intensive efforts to execute the plan, which includes obtaining the approval of various public authorities.

  


vestjyskBANK

Vagn Thorsager                 Michael Nelander Petersen
chairman of the board        Acting CEO

   

Any inquiries may be directed to Vagn Thorsager, chairman of the board, tel. 96 63 21 03.

                  


Vestjysk Bank A/S
Torvet 4-5
DK-7620 Lemvig
Denmark

Phone +45 96 63 20 00

CVR no. 34631328
www.vestjyskbank.dk