Company announcement

Announcement no. 9/2019

Major shareholder announcement  ─ Protector Forsikring ASA

In accordance with section 29 of the Faroese Securities Trading Act, Banknordik discloses it has been notified today by Protector Forsikring ASA, that at 14 February 2019, Protector Forsikring ASA held 615,043 shares equal to 6.15% of BankNordik’s share capital.

Further information:
Árni Ellefsen, CEO, tel. (+298) 230 348

BankNordik has banking activities in Denmark, Greenland and the Faroe Islands and insurance activities in the Faroe Islands. Founded in the Faroe Islands more than a century ago, the Group has total assets of DKK 16.7bn and 385 employees. The Bank is subject to the supervision of the Danish Financial Supervisory Authority and is listed on Nasdaq Copenhagen.