Approval of merger of Gjensidige and its wholly owned Danish subsidiary Gjensidige Forsikring Tidligere PenSam Forsikring A/S
Reference is made to the announcement on 20 March 2024 regarding the approval of a merger plan between Gjensidige Forsikring ASA (“Gjensidige”) and its fully-owned Danish subsidiary, Gjensidige Forsikring Tidligere PenSam Forsikring A/S (“Pensam”). Today, Gjensidige’s Board has approved the merger in accordance with the announced plan. It is anticipated that Pensam’s Board will approve the merger on 2 May 2024. Completion of the merger is subject to approval from the Norwegian and Danish financial supervisory authorities. Both companies will apply for such approvals. The merger is expected