20.09.2005 13:20 (GMT + 2)
FLAGGING: Nordea's holdings of own shares now under 5 per cent
The Annual General Meeting of Nordea Bank AB (publ) decided on 8 April 2005 that the company's share capital would be reduced by 55,548,131.94 euro. The reduction of the share capital should be made through retirement without repayment of 140,159,800 repurchased shares. On 19 September Bolagsverket, the Swedish Companies Registration Office, registered the reduction after which the company's share capital amounts to 1,072,569,610.46 euro.
After the reduction, the Group's total holding of own shares amounts to 71,430,041 shares representing 2.64 per cent of the share capital and number of votes in the company.
The previous Nordea flagging announcement was issued on 8 March 2005 under Danish regulations in respect of a holding of 177,377,618 shares corresponding to more than 6 per cent of the share capital and number of votes in the company.
The Board has a mandate from the AGM of 2005 until the next AGM in 2006 to decide on the acquisition of Nordea shares on the stock exchange up to a maximum of 10 per cent of all shares in the company.
This flagging announcement is prepared according to Swedish regulations.
Nordea Bank AB (publ)
Nordea Bank AB (publ)
Corporate registration No. 516406-0120
SE-105 71 Stockholm
For further information:
Arne Liljedahl, Group CFO and Executive Vice President, +46 8 614 7996
Johan Ekwall, Head of Investor Relations, +46 8 614 7852
Press release (pdf)