FilingReader Intelligence

Foundation crosses 5% ownership threshold in SpareBank 1 SMN

November 11, 2025 at 02:01 PM UTCBy FilingReader AI

Sparebankstiftelsen SMN announced on November 11, 2025, that it acquired 50,000 equity certificates in SpareBank 1 SMN. This strategic purchase increases the foundation's total holdings in the company to 7,220,111 equity certificates.

As a direct result of this transaction, Sparebankstiftelsen SMN now controls 5.01% of the outstanding equity certificates and voting rights in SpareBank 1 SMN. This acquisition marks a significant milestone, as it pushes the foundation's ownership stake above the 5% threshold, triggering disclosure requirements.

The information is subject to disclosure obligations under section 4-2 and section 5-12 of the Norwegian Securities Trading Act. Kjell Fordal, chairman of Sparebankstiftelsen SMN, is listed as the contact person for further inquiries.

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

OSL:MINGOslo Stock Exchange

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