Jyske Bank supports merger of Nordjyske Bank and Ringkjøbing Landbobank

On 18 April 2018, Nordjyske Bank and Ringkjøbing Landbobank announced that the boards of directors of the two banks had entered into a merger agreement, and that the boards of directors of both banks recommend their shareholders to vote in favour of the merger.

Jyske Bank has decided to support the planned merger of Nordjyske Bank and Ringkjøbing Landbobank and will therefore vote in favour of the merger at the upcoming general meetings of Nordjyske Bank.

Jyske Bank has entered into a conditional agreement with Nykredit to sell the shares in Ringkjøbing Landbobank that Jyske Bank will acquire following the merger. The shares will be bought by Nykredit at a price of DKK 372 per share.

In addition, Jyske Bank receives in cash DKK 9 per share in Nordjyske Bank following the merger.

Jyske Bank's conditional, voluntary offer to the shareholders of Nordjyske Bank, which was made in an offer document of 6 April 2018, will lapse when the merger has been approved.

Yours faithfully,

Jyske Bank

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• 2018.05.09 Selskabsmeddelelse UK