Company Announcement No. 101, 2017 – Correction to Company Announcement No. 100 Published 7 November 2017
With the refinancing of adjustable rate mortgages (ARMs) as of 1 January 2018 electronic auctions will be held in November 2017. The ARMs will be refinanced in covered mortgage bonds (SDRO). Nordea Danmark will conduct the auctions. The Auctions: The auctions will be held in the auction market at NASDAQ Copenhagen.The Dutch (hidden call) auction principle will be applied, implying that where bids exceed the cut-off price, the full amount will be allocated at the cut-off price. Bids at the cut-off price may be allocated on a pro rata basis. There will be no allocation in respect of