Sampo Oyj Sampo Plc Will Buy A Stake In Saxo Bank

TIDMSAMPO

SAMPO PLC STOCK EXCHANGE RELEASE 2 October 2017 at 9:59

Sampo plc will buy a stake in Saxo Bank

Sampo plc will buy 19.9 per cent of shares in Saxo Bank Group for EUR

265 million. Saxo Bank Group is a leading multi-asset trading and

investment specialist headquartered in Denmark, offering a complete set

of services relating to trading and investment technologies.

Geely Financials Denmark A/S, a subsidiary of Zhejiang Geely Holding

Group Co., Ltd, will increase its stake and become majority shareholder

with a total of 51.5 percent. Co-founder and CEO of Saxo Group Kim

Fournais' stake of 25.71 per cent remains unchanged.

The transactions are pending regulatory approvals and are expected to be

finalised during the next six months.

SAMPO PLC

Investor Relations and Group Communications

Distribution:

Nasdaq Helsinki

London Stock Exchange

The principal media

Financial Supervisory Authority

www.sampo.com

This announcement is distributed by Nasdaq Corporate Solutions on behalf

of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely

responsible for the content, accuracy and originality of the information

contained therein.

Source: Sampo Oyj via Globenewswire

http://www.sampo.com

(END) Dow Jones Newswires

October 02, 2017 03:14 ET (07:14 GMT)