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Nordea Bank AB's Nordea Eiendomskreditt AS to Increase Share Capital


Wednesday, 7 Nov 2012 11:05am EST 

Nordea Bank AB announced that the board of directors of Nordea Bank AB's Nordea Eiendomskreditt AS decided on November 7, 2012 to propose to the general assembly to increase the capital by NOK 1,600,000,000. The general assembly will decide on the capital increase during November 2012. The proposal from the board of directors involves an increase of the share capital by NOK 153,362,690 and an increase of the share premium reserve by NOK 1,446,637,310. The share capital and share premium reserve is restricted equity according to the Limited Liability Companies Act. If decided by the general assembly, the plan is to register the capital increase with the Business Register before the end of 2012. After such a capital increase, Nordea Eiendomskreditt AS will have a share capital of NOK 1,686,989,590 divided into 15,336,269 shares each of a nominal value of NOK 110 . The capital increase and appurtenant amendment of the articles of association are subject to the approval of the Norwegian Financial Supervisory Authority. 

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20 Oct 2014