NONG: Terms of SpareBank 1 Nord-Norge's rights offering
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN The Board of Director's of SpareBank 1 Nord-Norge determined on the 5th of May 2011 the terms of the rights offering of around NOK 450 millions. It was decided to have a subscription price of NOK 31.50 per equity certificate in the rights offering. The employee offering will have a subscription price of NOK 28.50 per equity certificate.The subscription price per equity certificate in the rights offering will be 27.4 percent lower than the last quoted