Sampo Oyj Sampo Has Received The Approval For The Termination Of Fico

Date : 10/21/2019 @ 9:30AM
Source : Dow Jones News

Sampo Oyj Sampo Has Received The Approval For The Termination Of Fico

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)

Copyright (c) 2019 Dow Jones & Company, Inc.


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