Sampo Oyj Sampo Has Received The Approval For The Termination Of Fico
October 21 2019 - 5:30AM
Dow Jones News
TIDMSAMPO
SAMPO PLC STOCK EXHANGE RELEASE
21 October 2019 at 12:00 pm
Sampo has received the approval for the termination of FICO
As announced on 7 August 2019, Sampo plc distributed an extra dividend
in the form of Nordea Bank Abp shares. As a result of the distribution,
Sampo's ownership in Nordea decreased below 20 percent and Sampo filed
an application with the Finnish Financial Supervisory Authority for the
termination of the Financial and Insurance Conglomerate (FICO) rules.
The Finnish Financial Supervisory Authority has today approved the
application. Henceforth, Sampo Group's solvency will be calculated only
by the Solvency II rules.
SAMPO PLC
Jarmo Salonen
Head of Investor Relations and Group Communications
tel. +358 50 424 0030
Maria Silander
Communications Manager, Media Relations
tel. +358 10 516 0031
Distribution:
Nasdaq Helsinki
London Stock Exchange
The principal media
Financial Supervisory Authority
https://www.globenewswire.com/Tracker?data=ImbK7Tv1Jo4ahSdwNX_P7ypKxBxyK0E2xLj6K0aTQZf5C9ePtsXlr8Fr0WaQCElGG7kpkYHq0AHt_fKuNh2Gjw==
www.sampo.com
(END) Dow Jones Newswires
October 21, 2019 05:15 ET (09:15 GMT)
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