FilingReader Intelligence

Investor to sell stake in SpareBank 1 Nord-Norge

August 26, 2025 at 03:11 PM UTCBy FilingReader AI

An undisclosed financial investor plans to sell up to 1,889,132 existing equity certificates in SpareBank 1 Nord-Norge, representing approximately 1.9% of the company's equity. Arctic Securities AS is managing this secondary placing, which will be conducted via an accelerated bookbuilding offering. The bookbuilding commenced immediately following the announcement on August 26, 2025, and may conclude on short notice.

The minimum order and allocation for the placing are set at €100,000, though the seller retains discretion to allocate smaller amounts under specific prospectus exemptions. Pricing and allocation are anticipated before 09:00 CEST on August 27, 2025 (T), with settlement expected on a normal delivery-versus-payment basis (DVP, T+2). The seller reserves the right to adjust the number of equity certificates sold or withdraw the offering entirely.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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