Brief: Nordfyns Bank To Upgrade Outlook If Sparinvest Transaction Completed

Nordfyns Bank A/S

01/03/2019 07:54

March 1 (Reuters) - Nordfyns Bank A/S  NRDF.CO :
    * NORDFYNS BANK CURRENTLY OWNS 0.3% OF SHARES IN SPARINVEST
    * IF CONDITIONS OF TRANSACTION WILL BE MET AND SALE WILL BE
COMPLETED, FOR NORDFYNS BANK WILL MEAN EXTRAORDINARY TAX-FREE
INCOME OF ABOUT DKK 3.5 MILLION
    * NORDFYNS BANK - TRANSACTION WILL PROBABLY MEAN THAT
PREVIOUSLY
ANNOUNCED EXPECTATIONS OF RESULT BEFORE TAX FOR 2019 ARE
UPGRADED TO RESULT BEFORE TAX OF AROUND DKK 29-39 MILLION

Source text for Eikon:  ID:nGNE2DDB1X 
Further company coverage:  NRDF.CO 

 (Gdynia Newsroom)
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