Nov 15 (Reuters) - Sparebank 1 SR Bank ASA SRBNK.OL :
* SPAREBANK 1 SR BANK ASA - SPAREBANKSTIFTELSEN SR-BANK HAS
ENGAGED PARETO SECURITIES AS AND SPAREBANK 1 MARKETS AS TO
EXPLORE A POTENTIAL BLOCK PURCHASE OF UP TO 2,557,510 EXISTING
SHARES IN SPAREBANK 1 SR-BANK ASA
* FOUNDATION CURRENTLY HOLDS 72,419,305 SHARES IN COMPANY
(EQUAL
TO APPROX. 28.32% OF OUTSTANDING SHARES)
* REVERSE BOOKBUILDING PERIOD COMMENCES AT 16:30 HOURS (CET)
ON 15
NOVEMBER 2022 AND IS EXPECTED TO CLOSE AT 08:00 HOURS (CET) ON
16 NOVEMBER 2022
* SPAREBANKSTIFTELSEN SR-BANK ( "FOUNDATION") TO EXPLORE A
POTENTIAL BLOCK PURCHASE OF UP TO 2,557,510 EXISTING SHARES IN
SPAREBANK 1 SR-BANK , CORRESPONDING TO UP TO ABOUT 1% OF
OUTSTANDING SHARES IN COMPANY
Source text for Eikon: ID:nObib6wwQa
Further company coverage: SRBNK.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))