Company Announcement 25 - 2008
The OMX Copenhagen Stock Exchange
The shares in Forstædernes Bank A/S to be compulsorily redeemed and delisted
Following the issue of the tender offer on 15 September 2008 Nykredit Realkredit
A/S now owns 98.1% of the share capital and voting rights in Forstædernes Bank
A/S apart from Forstædernes Bank's portfolio of treasury shares.
Today the Board of Directors of Forstædernes Bank A/S together with Nykredit
Realkredit A/S has decided to initiate a compulsory redemption of all its
remaining shares in Forstædernes Bank A/S. The announcement to that effect in
pursuance of S20b(1) of the Danish Companies Act is expected to be issued on 3
November 2008. The announcement will detail the terms and conditions of the
compulsory redemption and will fix a term of four weeks for the transfer of
shares in Forstædernes Bank. We expect the closing date to be 1 December 2008.
As matters stand Forstædernes Bank A/S has today decided to request NASDAQ QMX
Copenhagen A/S to delist the shares in Forstædernes Bank A/S, the last listing
date being 31 October 2008.
The Board of Directors
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Contact person:
Steffen Torvits, Investor Relations and Press Manager, tel. +45 22 22 20 36
This announcement has been issued both in Danish and English. In case of any
discrepancies, the Danish version shall prevail.
The shares in Forstædernes Bank A/S to be compulsorily redeemed and delisted
| Source: Forstædernes Bank A/S
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