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Sampo completes the transaction for Hastings’ minority shares

Stock Exchange Release - 8 Dec 2021 at 12:00 PM

As announced earlier today, Sampo has agreed to acquire Rand Merchant Investment Holdings Limited’s (RMI) 30 per cent minority ownership in Hastings and the option for held by RMI to acquire 10 per cent of Hastings. The transaction has now been completed as agreed.

Hastings will be consolidated as a fully-owned subsidiary of Sampo in the group’s financial reporting as of 8 December 2021.


SAMPO PLC

For more information, please contact:

Sami Taipalus
Head of Investor Relations
tel. +358 10 516 0030

Mirko Hurmerinta
Investor Relations Specialist
tel. +358 10 516 0032

 

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


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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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