The Danish Financial Supervisory Authority
NASDAQ OMX Copenhagen
Oslo Børs
22 October 2013
Conversion of government hybrid core capital completed
With reference to company announcements of 24 September 2013 and 15 October 2013, Vestjysk Bank A/S can confirm that the conversion of government hybrid core capital of DKK 323,150,000 together with non-paid accrued interest of approximately DKK 15.4 million has now been completed by issuance of 24,692,811 shares of nominally DKK 1 to the Danish State.
As a result, the share capital of Vestjysk Bank amounts to nominally DKK 85,981,689, corresponding to 85,981,689 shares with a corresponding total of 85,981,689 voting rights.
As a result of the completed conversion, the Danish State now owns 65.96 percent of the total amount of shares and voting rights in the bank. In addition, Finansiel Stabilitet A/S, which is owned by the Danish State, now own 1.50 percent of the bank’s total share capital and voting rights.
The new shares are expected to be admitted to trading on 23 October 2013.
Revised Articles of Association of the bank are attached to this company announcement and are furthermore available on the website of the bank, www.vestjyskbank.dk.
Vestjysk Bank A/S
The Board of Directors
Vestjysk Bank A/S
Torvet 4-5
DK-7620 Lemvig
Denmark
Phone +45 96 63 20 00
CVR no. 34631328
www.vestjyskbank.dk
