Sale of ownership interest in Sparinvest Holdings SE

Date : 08/14/2019 @ 4:34PM
Source : GlobeNewswire Inc.
Stock : (RILBAC)
Quote : 409.5  -1.0 (-0.24%) @ 4:30PM

Sale of ownership interest in Sparinvest Holdings SE

Ringkjobing Landbobank (BATSEU:RILBAC)
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Sale of ownership interest in Sparinvest Holdings SE

Nasdaq CopenhagenLondon Stock ExchangeOther stakeholders

14 August 2019

Sale of ownership interest in Sparinvest Holdings SE

As advised in our corporate announcements of respectively 28 June 2019 and 1 March 2019 the owners of Sparinvest have entered into a conditional agreement concerning the sale of shares in Sparinvest.

The outstanding conditions were obtaining the necessary public authority approvals from the Danish competition authorities and from the Financial Supervisory Authority of Luxembourg, CSSF.  These approvals have now been received on 9 July 2019 and 14 August 2019 respectively, and as a result hereof the transaction is expected to be completed 30 August 2019.

Yours sincerely

Ringkjøbing Landbobank

John FiskerCEO

Attachment

  • UK Sparinvest III


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