Sampo-Leonia plc's redemption offer for Mandatum Bank plc's shares has ended. The redemption offer was approved by shareholders representing 310 117 shares or approximately 0.71 per cent of all Mandatum shares. Sampo-Leonia plc now holds 99.74 per cent of Mandatum Bank plc's shares.
The redemption procedure referred to in Clause 6 in the Articles of Association of Mandatum Bank plc has also ended. The procedure was approved by shareholders representing 10,722 shares or approximately 0.02 per cent of all Mandatum shares. The shareholders who approved the redemption procedure referred to in the Articles of Association will receive payment for their shares as in accordance with the terms of the redemption by 11 April 2001 (EUR 10.62 per share less expenses caused by the redemption).
Sampo-Leonia will acquire the remaining Mandatum Bank plc shares through a redemption procedure as referred to in the Companies Act. The procedure is estimated to start on 14 May 2001. The specific time will be announced later.
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Taru Narvanmaa, Head of Investor Relations, tel. +358 10 514 0030, mobile +358 50 590 9398
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