Schedule for completion of transactions between SpareBank 1 Nord-Norge and Helgeland Sparebank
The transfer of SpareBank 1 Nord-Norge's (SNN) operations on Helgeland, and Helgeland Sparebank's (HSB) entry into the SpareBank 1 Alliance and the agreements related to this will, for technical and practical reasons, be implemented in several stages during 2021.
In accordance with what has been previously communicated, HSB will become a co-owner of EiendomsMegler 1 Nord-Norge AS and Regnskapshuset Nord Norge AS at 01. March 2021, and will at this time buy 15 % of the shares in the companies.
The transfer of SNNs operations on Helgeland will take place in mid-October 2021. At the same time, SNN will acquire 19.99 % of the shares in HSB.
The above information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts:- Liv B. Ulriksen, CEO, tel 957 31 130
- Bengt Olsen, CFO, tel 975 89 560