Sampo has reduced its ownership in NOBA
Globenewswire·2026-02-11 07:20

Core Viewpoint - Sampo plc has reduced its ownership in NOBA Bank Group AB by selling 10 million shares, generating approximately EUR 95 million in gross proceeds, and now holds a 12.9% stake in the company [1][2]. Group 1: Share Sale Details - The Share Sale was conducted through an accelerated bookbuilding process with Nordic Capital as a partner [1]. - The sale resulted in Sampo holding 64.7 million shares of NOBA after the transaction [2]. - DNB Carnegie Investment Bank AB, Goldman Sachs Bank Europe SE, and J.P. Morgan SE acted as Managers for the accelerated bookbuilding process [2]. Group 2: Lock-up Agreement - Sampo and Nordic Capital have agreed not to transfer or dispose of any remaining shares in NOBA for 90 days following the settlement of the Share Sale, with certain customary exceptions [3].