Core Points - Nykredit has successfully completed a voluntary public tender offer for Spar Nord Bank A/S, acquiring a significant majority of shares [1][4][6] - The final result indicates that Nykredit received acceptances for 72,169,763 shares, representing 62.87% of Spar Nord Bank's share capital, and combined with Nykredit's existing shares, totals 96.54% of the voting rights [4][5][6] - The offer price was increased to DKK 210.50 per share, valuing Spar Nord Bank at DKK 24.7 billion [1][4] Offer Details - The offer period ended on 20 May 2025, with preliminary results announced on 21 May 2025 [3][4] - The settlement of the offer is expected to be completed on 28 May 2025, with cash payments made to shareholders who accepted the offer [7] - Nykredit intends to initiate a compulsory acquisition of remaining shares, as it will hold over 90% of the share capital post-offer [8][9] Regulatory and Compliance - All necessary regulatory approvals have been obtained, confirming that conditions for the completion of the offer have been met [6] - Nykredit plans to delist Spar Nord Bank shares from Nasdaq Copenhagen A/S and propose changes to the board of directors and articles of association [9][10]

Core Viewpoint - Nykredit has successfully completed its voluntary public tender offer for Spar Nord Bank, acquiring a significant majority of shares, and intends to proceed with compulsory acquisition and delisting of Spar Nord Bank shares from Nasdaq Copenhagen [1][6][9]. Group 1: Offer Details - Nykredit's initial offer was for DKK 210 per share, later increased to DKK 210.50, valuing Spar Nord Bank at DKK 24.7 billion [1][2]. - The offer period ended on 20 May 2025, with preliminary acceptances for 72,169,403 shares, representing 61.32% of Spar Nord Bank's share capital [3][4]. - Nykredit's total ownership, including acceptances and existing shares, amounts to 96.54% of Spar Nord Bank's share capital [4][6]. Group 2: Regulatory and Completion Status - Nykredit has received all necessary regulatory approvals for the offer's completion, fulfilling the minimum acceptance condition [6][9]. - The final result of the offer will be published by 23 May 2025, with settlement expected by 28 May 2025 [7][8]. Group 3: Future Actions - Nykredit plans to initiate compulsory acquisition of remaining shares from Spar Nord Bank shareholders, as it will hold over 90% of the share capital post-offer [9][10]. - Nykredit intends to seek the removal of Spar Nord Bank shares from trading on Nasdaq Copenhagen and will propose amendments to Spar Nord Bank's articles of association [10].