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    REG - Jyske Bank A/S - Jyske Bank supports merger

    Picture of Jyske Bank A/S logoJyske Bank A/SAnnouncement
    09/05/2018 07:25
    2018-05-09T06:20:57.446Zreuters.comtag:reuters.com,2018-05-09:newsml_RSI4670Na:13TXT
    This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-09T06:20:57.446Z2018-05-09T06:20:57.446Z____UCDP:parsn_lse_10.54.4.69_1.2.37235:REG - Jyske Bank A/S  - Jyske Bank supports merger2019-06-09T06:20:57.446Z3RSI4670NaREG - Jyske Bank A/S  - Jyske Bank supports mergerLEGACY: Financials (TRBC)LEGACY: Banking & Investment Services (TRBC)Banking Services (TRBC level 3)Banks (TRBC level 4)Banks (NEC) (TRBC level 5)Financials (TRBC level 1)Banking & Investment Services (TRBC level 2)DenmarkScandinaviaWestern EuropeUnited KingdomEuropeNordic StatesSuggested SourcesServicesNews AnnouncementsRegulatory Corporate News AnnouncementsCompany NewsEurope daily earnings hits & missesJyske Bank A/S



 





    RNS Number : 4670N
    

    Jyske Bank A/S
    

    09 May 2018
    

     
    

    

     
    

     
    

                                                                                           9 May 2018
    

     
    

     
    

     
    

    Jyske Bank supports merger of Nordjyske Bank and Ringkjøbing Landbobank
    

    


    

    

     
    

    On 18 April 2018, Nordjyske Bank and Ringkjøbing Landbobank announced that the boards of directors of the two banks had entered into a merger agreement, and that the boards of directors of both banks recommend their shareholders to vote in favour of the merger.
    

     
    

    Jyske Bank has decided to support the planned merger of Nordjyske Bank and Ringkjøbing Landbobank and will therefore vote in favour of the merger at the upcoming general meetings of Nordjyske Bank.
    

     
    

    Jyske Bank has entered into a conditional agreement with Nykredit to sell the shares in Ringkjøbing Landbobank that Jyske Bank will acquire following the merger. The shares will be bought by Nykredit at a price of DKK 372 per share.
    

     
    

    In addition, Jyske Bank receives in cash DKK 9 per share in Nordjyske Bank following the merger.
    

     
    

    Jyske Bank's conditional, voluntary offer to the shareholders of Nordjyske Bank, which was made in an offer document of 6 April 2018, will lapse when the merger has been approved.
    

     
    

     
    

    Yours faithfully,
    

     
    

     
    

    Jyske Bank
    

    


    
This information is provided by RNS
    

    The company news service from the London Stock Exchange
    

     
    
END

     
    

     
    
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