
Partial demerger
The partial demerger of Sampo was completed on 1 October 2023 and each Sampo shareholder has received one new share in Mandatum for each Sampo share they hold.
The demerger did not require any action from Sampo shareholders. The last day to buy Sampo shares for a shareholder to be entitled to receive Mandatum shares as a demerger consideration was 29 September 2023.
The first trading day for Mandatum on Nasdaq Helsinki was 2 October 2023.
Questions and answers regarding the demergerinternal link
For Stockholm-listed Sampo SDR holders, please see the section “Information for SDR holders” on this page.
The acquisition cost of Sampo and Mandatum shares under the Finnish taxation
The Finnish Tax Administration has on 28 November 2023 published instructions for determining the acquisition cost of Sampo and Mandatum shares after the partial demerger. As a result, Sampo’s acquisition cost is 91.66 per cent and Mandatum’s 8.34 per cent of the original acquisition cost prior to the partial demerger.
Example: If a shareholder acquired a Sampo share at cost of EUR 40.00 prior to the demerger, the acquisition cost would be EUR 36.66 for Sampo share and EUR 3.34 for Mandatum share.
Please note that this applies only to shareholders who are generally liable to tax in Finland. Other shareholders should contact the Finnish Tax Administration or their local tax authorities for detailed tax advice.
Mandatum's Investor event
Documents
Demerger prospectus and supplements
Access to the material is restricted for regulatory reasons. You are requested to confirm your country of residence to access the material.
Information for SDR holders
Sampo SDR holders will receive the demerger consideration on or around 9 October, if the SDR holder provides the required information to SEB, issuer and custody bank for the SDR arrangement, by 15.00 (CET) on Wednesday 4 October 2023.
Please, read the enclosed information document and the application form for more details.
CVs of the proposed Board members of the new company (Mandatum plc)
Important dates
31 Mar 2023 | Notice to the AGM was published | |
11 Apr 2023 | Registration to the AGM began | |
10 May 2023 | Registration to the AGM ended | |
10 May 2023 | Demerger prospectus was published | |
17 May 2023 | Annual General Meeting | |
16 Aug 2023 | Supplement to the demerger prospectus was published | |
1 Sep 2023 | Second supplement to the demerger prospectus was published | |
14 Sep 2023 | Mandatum's Investor event | |
27 Sep 2023 | Third supplement to the demerger prospectus was published | |
29 Sep 2023 | Fourth supplement to the demerger prospectus was published | |
29 Sep 2023 | Last day to buy Sampo shares for a shareholder to be entitled to receive Mandatum shares as a demerger consideration (previously, this was incorrectly announced to be 27 September 2023) | |
1 Oct 2023 | The effective date of the partial demerger | |
2 Oct 2023 | First trading day for Sampo share without Mandatum (previously, this was incorrectly announced to be 28 September 2023) | |
2 Oct 2023 | Trading in Mandatum shares began |
Financial Statements for 2020-2022
Financial reports
Releases and Q&A
In English
- Stock exchange release, 29 Mar 2023:
Mandatum strategic review: The Board of Sampo plc proposes a demerger - IR Blog, 29 Mar 2023:
Proposed separation of Mandatum through a partial demerger - Q&A - Stock exchange release, 30 Mar 2023:
Demerger plan of Sampo plc registered in Finnish Trade Register - Stock exchange release, 10 May 2023:
Sampo has published a demerger prospectus for Mandatum - Stock exchange release, 16 Aug 2023:
Sampo has published a supplement to the demerger prospectus for Mandatum - Press release, 21 August 2023:
Mandatum will host an Investor event on 14 September 2023 - Stock exchange release, 1 Sep 2023:
Sampo has published a supplement to the demerger prospectus for Mandatum - IR Blog, 13 Sep 2023:
What Sampo shareholders need to know about the demerger - Press release, 14 Sep 2023:
Mandatum’s Investor event 2023: Strategy focused on growth and stable capital distribution - Stock exchange release, 15 Sep 2023:
Sampo has applied for Mandatum to be listed on Nasdaq Helsinki - Stock exchange release, 27 Sep 2023:
Sampo has published a supplement to the demerger prospectus for Mandatum - Stock exchange release, 29 Sep 2023:
Sampo has published a supplement to the demerger prospectus for Mandatum - Stock exchange release, 1 Oct 2023:
Partial demerger of Sampo completed - Mandatum to be listed on Nasdaq Helsinki
På svenska
- Pressmeddelande, 29 mars 2023:
Mandatums strategiska utvärdering: Styrelsen för Sampo Abp föreslår en delning
Updated