Sale of Ownership Stakes in Samarbeidende Sparebanker AS, Samarbeidende Sparebanker Utvikling DA and SpareBank 1 SamSpar AS

20 Dec 2024 07:30 CET

Issuer

SpareBank 1 Sør-Norge ASA

In connection with the merger between SpareBank 1 Sørøst-Norge and SpareBank 1
SR-Bank ASA on October 1, 2024, the pre-emptive rights to the company's shares
in the entities were triggered. Following negotiations, an agreement was entered
into on December 19, 2024, stipulating that the remaining banks in the company,
in a contractually agreed distribution, will purchase all shares owned by
SpareBank 1 Sørøst-Norge —now merged into SpareBank 1 Sør-Norge ASA, in
Samarbeidende Sparebanker AS, SpareBank 1 SamSpar AS and Samarbeidende
Sparebanker Utvikling DA.

As a result, SpareBank 1 Sør-Norge will no longer hold ownership in
Samarbeidende Sparebanker AS, SpareBank 1 SamSpar AS, or Samarbeidende
Sparebanker Utvikling DA after the transaction is completed.

The transaction will be completed December 30th, 2024. It will not have a profit
or loss effect, as it will be accounted for against the opening balance in
connection with the merger.

The ownership in SpareBank 1 Gruppen and SpareBank 1 Utvikling DA within the new
SpareBank 1 Sør-Norge remains unchanged and is identical to the ownership
previously held by SpareBank 1 SR-Bank, at 19.5% and 18.0%, respectively.

Stavanger, December 20, 2024

Contact persons:

Roar Snippen, Executive Vice President, Finance, Economy, and Sustainability,
Tel: +47 976 10 360
Mona Storbrua, IR Coordinator, Tel: +47 916 39 833

This information is disclosed pursuant to the requirements of the Securities
Trading Act § 5-12


Source

SpareBank 1 Sør-Norge ASA

Provider

Oslo Børs Newspoint

Company Name

SPAREBANK 1 SØR-NORGE ASA, Spb 1 SR-Bank ASA 19/25 1,95%, Spb 1 SR-Bank ASA 20/26 1.30 per cent, Spb 1 SR-Bank ASA 20/26 FRN, Spb 1 SR-Bank ASA 21/25 1.86pct, Spb 1 SR-Bank ASA 21/25 FRN, Spb 1 SR-Bank ASA 22/28 4.60pct, Spb 1 BV 17/27 2,565%, Spb Telemark 18/28 3,03%, Spb 1 BV 19/25 FRN, Spb 1 SR-Bank ASA 19/PERP FRN C HYBRID, Spb 1 BV 19/25 2,35%, Spb Telemark 19/25 2,46%, Spb Telemark 20/25 FRN, Spb 1 BV 20/PERP FRN C HYBRID, Spb 1 Modum 20/25 FRN, Spb 1 BV 20/26 FRN, Spb Telemark 20/26 FRN, Spb 1 SR-Bank ASA 20/27 FRN C, Spb 1 BV 21/27 FRN C, Spb 1 Modum 21/31 FRN C SUB, Spb 1 SR-Bank ASA 21/28 FRN, Spb 1 SR-Bank ASA 21/28 2.20 pct, Spb 1 Sorost-Norge 21/27 FRN C, Spb 1 Modum 21/26 FRN, Spb 1 Sorost-Norge 21/27 ADJ C, Spb 1 Sorost-Norge 21/31 FRN C SUB, Spb 1 Sorost-Norge 21/27 2,30%, Spb 1 Sorost-Norge 21/26 FRN, Spb 1 Sorost-Norge 22/28 ADJ C, Spb 1 Sorost-Norge 22/27 FRN, Spb 1 Sorost-Norge 22/32 FRN C SUB, Spb 1 SR-Bank ASA 22/27 3.90pct, Spb 1 Sorost-Norge 22/27 3.99pct, Spb 1 Sorost-Norge 22/PERP FRN C HYBRID, Spb 1 Sorost-Norge 22/25 FRN, Spb 1 Sorost-Norge 22/28 FRN, Spb 1 Sorost-Norge 22/29 4.65pct, Spb 1 Sorost-Norge 22/28 4.83pct, Spb 1 SR-Bank ASA 22/27 FRN, Spb 1 SR-Bank ASA 22/28 FRN, Spb 1 SR-Bank ASA 22/25 FRN, Spb 1 SR-Bank ASA 22/28 5.175pct, Spb 1 SR-Bank ASA 23/34 FRN C SUB, Spb 1 SR-Bank ASA 23/33 FRN C SUB, Spb 1 Sorost-Norge 23/28 FRN, Spb 1 Sorost-Norge 23/30 4,43%, Spb 1 Sorost-Norge 23/33 FRN SUB, Spb 1 Sorost-Norge 23/29 FRN, Spb 1 SR-Bank ASA 23/PERP ADJ C HYBRID, Spb 1 SR-Bank ASA 23/PERP FRN C HYBRID, Spb 1 Sorost-Norge 23/28 5,67%, Spb 1 Sorost-Norge 23/26 FRN, Spb 1 SR-Bank ASA 23/PERP FRN HYBRID, Spb 1 SR-Bank ASA 24/34 ADJ C SUB, Spb 1 SR-Bank ASA 24/29 FRN, Spb 1 SR-Bank ASA 24/29 4,81%, Spb 1 SR-Bank ASA 24/34 4,35%, Spb 1 Sørøst-Norge 24/PERP FRN HYBRID, Spb 1 SR-Bank ASA 24/36 ADJ C SUB, Spb 1 SR-Bank ASA 24/PERP ADJ C HYBRID, Spb 1 Sørøst-Norge 24/27 FRN, Spb 1 SR-Bank ASA 24/35 FRN C SUB

ISIN

NO0010631567, NO0010861073, NO0010907850, NO0010907843, NO0011112864, NO0011110207, NO0012708777, NO0010798267, NO0010821739, NO0010860893, NO0010866635, NO0010866858, NO0010870884, NO0010876196, NO0010885171, NO0010891021, NO0010894249, NO0010900186, NO0010907306, NO0010907421, NO0010915150, NO0010917826, NO0010956865, NO0010968514, NO0010966237, NO0011026437, NO0011079782, NO0011094757, NO0011108904, NO0011135089, NO0011179731, NO0011204976, NO0011199390, NO0012495979, NO0012513466, NO0012552324, NO0012552365, NO0012555558, NO0012635145, NO0012703380, NO0012704164, NO0012753633, NO0012750761, NO0012755828, NO0012747866, NO0012757642, NO0012757659, NO0012839036, NO0012839028, NO0012839010, NO0012898651, NO0012903402, NO0012922519, NO0012939117, NO0012945296, NO0012945304, NO0012990680, NO0013010322, NO0013012534, NO0013010330, NO0013012542, NO0013024067, NO0013027938, NO0013105163, NO0013150227, NO0013163477, NO0013163485, NO0013182816, NO0013188649, NO0013190975, NO0013228429, NO0013324152, NO0013325456

Symbol

SB1NO

Market

Euronext Oslo Børs Nordic Alternative Bond Market