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Sampo has received the approval for the termination of FICO

Stock Exchange Release - 21 Oct 2019 at 12:00 PM

As announced on 7 August 2019, Sampo plc distributed an extra dividend in the form of Nordea Bank Abp shares. As a result of the distribution, Sampo’s ownership in Nordea decreased below 20 percent and Sampo filed an application with the Finnish Financial Supervisory Authority for the termination of the Financial and Insurance Conglomerate (FICO) rules.

The Finnish Financial Supervisory Authority has today approved the application. Henceforth, Sampo Group’s solvency will be calculated only by the Solvency II rules.

 

SAMPO PLC

Jarmo Salonen
Head of Investor Relations and Group Communications
tel. +358 50 424 0030

Maria Silander
Communications Manager, Media Relations
tel. +358 10 516 0031

 

Distribution:
Nasdaq Helsinki
London Stock Exchange
The principal media
Financial Supervisory Authority
www.sampo.com

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00100 Helsinki, Finland

Fabianinkatu 27, 00100 Helsinki, Finland

Sampo Group is made up of the parent company Sampo plc and its subsidiaries If P&C, Topdanmark, Hastings and Mandatum. The group companies have insurance operations in Finland, Sweden, Norway, Denmark, the Baltic countries and the UK.

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