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NORDEA BANK ABP EQS-News: Nordea Bank Abp: Nordea Board of Directors resolves on a transfer

Transparency directive : regulatory news

11/09/2020 17:15

EQS Group-News: Nordea Bank Abp / Key word(s): Miscellaneous
Nordea Bank Abp: Nordea Board of Directors resolves on a transfer

11.09.2020 / 17:15


Nordea Board of Directors resolves on a transfer of own shares pursuant to variable remuneration programmes

Nordea Bank Abp
Stock exchange release - Other information disclosed according to the rules of the Exchange
11 September 2020 at 17.00 EET

Nordea Bank Abp's ("Nordea") Board of Directors has today resolved on a transfer of own shares with deviation from the shareholders' pre-emptive rights by way of a directed issuance pursuant to Nordea's variable remuneration programmes. The resolution is based on the authorisation granted to the Board of Directors by the Annual General Meeting held on 28 May 2020.

In the share issuance, a maximum of 26,000 own shares held by Nordea will be transferred without consideration to participants of variable pay programmes according to the applicable terms and conditions of the programmes and regulatory requirements to settle Nordea's commitments for payment of part of variable pay in shares. The transferred shares are subject to a retention period in accordance with applicable regulations.

The shares shall be transferred on or around 14 September 2020, at the earliest, in one or several instalments.

For further information:
Matti Ahokas, Head of Investor Relations, +358 9 53008011
Group Communication, +358 104 168 023 or press@nordea.com


The information provided in this stock exchange release was submitted for publication through the agency of the contact person set out above, at 17.00 EET on 11 September 2020.
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.



End of Corporate News


Language: English
Company: Nordea Bank Abp
Smålandsgatan 17
105 71 Stockholm
Sweden
ISIN: CH0284415681
Valor: A1Z2TU
Listed: SIX Swiss Exchange
EQS News ID: 1130639

 
End of News EQS Group News Service

1130639  11.09.2020 

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