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Nordea's Board resolves on transfer of shares under variable remuneration programmes

Nordea Bank Abp / Key word(s): Miscellaneous
Nordea's Board resolves on transfer of shares under variable remuneration programmes

21.03.2024 / 11:30 CET/CEST


Nordea's Board resolves on transfer of shares under variable remuneration programmes

Nordea Bank Abp
Stock exchange release - Other information disclosed according to the rules of the Exchange
21 March 2024 at 11.45 EET

Nordea Bank Abp's ("Nordea") Board of Directors has today resolved on a transfer of own shares with deviation from the shareholders' pre-emptive rights by way of a directed issuance pursuant to Nordea's variable remuneration awards. The resolution is based on the authorisation granted to the Board of Directors by the Annual General Meeting 2023.

In the share issuance, a maximum of 2,700,000 own shares held by Nordea will be transferred without consideration to participants of variable pay programmes according to the applicable terms and conditions of the programmes and regulatory requirements to settle Nordea's commitments for payment of part of variable pay in shares. The transferred shares are subject to a retention period in accordance with applicable regulations.

The shares will be transferred on or around 4 April 2024, at the earliest, in one or several instalments.

For further information:

Ilkka Ottoila, Head of Investor Relations, +358 9 5300 7058
Media inquiries, +358 10 416 8023 or press@nordea.com

The information provided in this stock exchange release was submitted for publication through the agency of the contact person set out above, at 11.45 EET on 21 March 2024.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.



End of Media Release


Language:English
Company:Nordea Bank Abp
Smålandsgatan 17
105 71 Stockholm
Sweden
ISIN:FI4000297767
Valor:A2N6F4
Listed:Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart; SIX Swiss Exchange
EQS News ID:1864355

 
End of NewsEQS News Service

1864355  21.03.2024 CET/CEST

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