US/UK/Canada

Share

About Us

DNB is Norway's largest financial services group and offers financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking and services related to the money and capital markets.

Pick a time period -
Tags ( Active)

Notice of DNB Bank ASA’s Annual General Meeting 2022

Shareholders in DNB Bank ASA are invited to attend the Annual General Meeting to be held on Tuesday 26 April 2022 at 15:00. The Annual General Meeting will be held at DNB’s premises in Oslo, with the possibility of digital participation for those who wish. The deadline for voting in advance, submission of proxies and registration to participate in person is Friday 22 April at 16:00. The notice and guidance for digital attendance are enclosed. The remainder of the documents are available on www.dnb.no/en/agm. For further information, please contact: Investor contactRune Helland,

Completion of intragroup merger

On 30 November 2020 the general meetings of DNB ASA and DNB Bank ASA resolved to merge the companies with DNB Bank ASA as the surviving entity. The completion of the merger was registered in the Norwegian Register of Business Enterprises (the “NRBE”) today. As a result of the completion all assets, rights and obligations in DNB ASA has been transferred to DNB Bank ASA, and DNB ASA has been dissolved and deleted from the NRBE. In addition, the new Articles of Association and the new composition of the Board of Directors of DNB Bank ASA are effective from the completion time. DNB Bank

Update on regulatory approvals relating to the voluntary tender offer for Sbanken ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 1 July 2021 Reference is made to the offer document dated 23 April 2021 (the "Offer Document") and subsequent stock exchange announcements for the recommended voluntary offer by DNB Bank ASA (the "Offeror") to acquire all outstanding shares (the "Shares") in Sbanken ASA (the "Company") not already owned by the Offeror (the "Offer").

Invitation to DNB's second quarter presentation, Tuesday, 13 July 2021

DNB will publish its results for the second quarter of 2021 on Tuesday, 13 July 2021 at 7.30 CET. 9:30 CET: Presentation CEO Kjerstin Braathen and CFO Ottar Ertzeid present the results at a live streamed press conference. A broadcast will be available on the Investor Relations pages at ir.dnb.no. It will also be possible to physically attend to the presentation at DNB’s head office in Bjørvika, Dronning Eufemias gate 30. Please register your attendance in Oslo, at ca@dnb.no. 13:30 CET: Conference call for analysts and investors Call in details: Norway +47 21 56 33 18, UK Wide

Information regarding intragroup merger and listing of DNB Bank ASA

On 30 November 2020 the general meetings of DNB ASA and DNB Bank ASA resolved to merge the companies with DNB Bank ASA as the surviving entity. DNB Bank ASA will be the new holding company in the DNB Group following the merger, and all outstanding shares of the company will be admitted to trading on the Oslo Stock Exchange. The merger will be implemented after close of trading on the Oslo Stock Exchange on 1 July 2021. The shares issued by DNB ASA can be traded until close of trading on this date. Shareholders in DNB ASA at the time of implementation of the merger, as registered in the

Update on regulatory approvals relating to the voluntary tender offer for Sbanken ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 24 June 2021 Reference is made to the offer document dated 23 April 2021 (the "Offer Document") and subsequent stock exchange announcements for the recommended voluntary offer by DNB Bank ASA (the "Offeror") to acquire all outstanding shares (the "Shares") in Sbanken ASA (the "Company") not already owned by the Offeror (the "Offer").

DNB Bank ASA Announces Final Result of the Recommended Voluntary Tender Offer for Sbanken ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 17 June 2021 Reference is made to the offer document dated 23 April 2021 (the "Offer Document") and subsequent stock exchange announcements 24 May 2021, 7 June 2021 and 14 June 2021 for the recommended voluntary offer by DNB Bank ASA (the "Offeror") to acquire all outstanding shares (the "Shares") in Sbanken ASA (the "Company") not

DNB Bank ASA Announces Preliminary Result of the Recommended Voluntary Tender Offer for Sbanken ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 14 June 2021 Reference is made to the offer document dated 23 April 2021 (the "Offer Document") and subsequent stock exchange announcements 24 May 2021 and 7 June 2021 for the recommended voluntary offer by DNB Bank ASA (the "Offeror") to acquire all outstanding shares (the "Shares") in Sbanken ASA (the "Company") not already owned

Final extension of the offer period, final increased Offer Price of NOK 108.85 per share and fulfilment of revised minimum acceptance condition of 2/3 for the offer for all Shares in Sbanken ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 7 June 2021 Reference is made to the offer document dated 23 April 2021 (the "Offer Document") for the recommended voluntary offer (the “Offer”) by DNB Bank ASA (the "Offeror") to acquire all outstanding shares (the “Shares”) in Sbanken ASA (the "Company") not already owned by the Offeror against a consideration in cash of NOK 103.85

Merger with DNB Bank ASA – approvals from the Ministry of Finance

On 30 November 2020, the general meetings of DNB ASA and DNB Bank ASA decided to merge the companies, with DNB Bank ASA as the surviving company. The completion of the merger is conditional on obtaining the necessary regulatory approvals. Such approvals were granted today, by the Norwegian Ministry of Finance. The merger is scheduled to be completed on or around 1 July 2021. DNB ASA will be traded under the temporary ticker “DNBH” on the last two trading days prior to completion of the merger. This is, due to technical limitations, necessary to enable DNB Bank ASA to have “DNB” as its

DNB Bank ASA: Extension of the Offer Period for the recommended voluntary offer for all outstanding shares in Sbanken ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 24 May 2021 Reference is made to the offer document dated 23 April 2021 (the "Offer Document") for the recommended voluntary offer by DNB Bank ASA (the "Offeror"), to acquire all outstanding shares (the “Shares”) in Sbanken ASA (the "Company") not already owned by the Offeror against a consideration in cash of NOK 103.85 per Share (

Trade subject to notification

On 10 March 2021, the Board of Directors of DNB ASA decided to offer employees in DNB ASA shares with a discount of up to 25 % (up to NOK 14,500 per employee). The shares were allotted today, 18 May 2021, at a gross price of NOK 181.4740 per share. Please see attachment for further details regarding the primary insiders that made use of the offer.  This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Finanstilsynet confirms administrative fine

On 7 December 2020 , DNB announced that a preliminary report from Finanstilsynet (the Financial Supervisory Authority of Norway) indicated the possibility of an administrative fine of NOK 400 million, due to inadequate compliance with the Norwegian Anti-Money Laundering Act. Today, Finanstilsynet publishes its final report in this case, confirming that the fine is imposed. DNB has already recorded the total fine in its annual accounts for 2020. Finanstilsynet today also publishes a report from December 2020 on investigations regarding the

Correction: Acquisition of shares by primary insiders

Today, 30 April 2020, a total of 178,106 shares in DNB ASA were acquired on behalf of certain leading employees and risk takers. The purchase was executed collectively at an average price per share of NOK 180.6076. The shares were acquired in accordance with the regulation on remuneration in financial institutions etc., which states that at least half of annual variable remuneration shall be awarded as shares and be subject to certain lock-up mechanisms. The employees have been given a compensation for decreased share value resulting from the lock-up at approximately 12.0%. A list

Acquisition of shares by primary insiders

Today, 30 April 2020, a total of 178,106 shares in DNB ASA were acquired on behalf of certain leading employees and risk takers. The purchase was executed collectively at an average price per share of NOK 180.6076. The shares were acquired in accordance with the regulation on remuneration in financial institutions etc., which states that at least half of annual variable remuneration shall be awarded as shares and be subject to certain lock-up mechanisms. The employees have been given a compensation for decreased share value resulting from the lock-up at approximately 12.0%. A list

Paradigm shift in saving and historically high capitalisation

DNB’s profit for the first quarter of 2021 was NOK 5 885 million, which is NOK 1 884 million higher than in the corresponding period of 2020. The bank is experiencing an explosive growth in the savings area, and DNB’s financial position has never been stronger. The market for savings products, shares and mutual funds reached historically high levels in the quarter, and DNB now has record volumes under management, with strong deposit growth in all customer segments. The Norwegian economy continued to recover in the first quarter, and the authorities’ zero-interest-rate policy has

Board election in DNB ASA

The Annual General Meeting of DNB ASA was held on 27 April 2021. At the Annual General Meeting Gro Bakstad was re-elected as a board member until the completion of the merger between DNB ASA and DNB Bank ASA. The Board of Directors of DNB ASA has the following members until the completion of the merger: Olaug Svarva (Chair of the Board)                                                          Svein Richard Brandtzæg (Vice Chair of the Board)                                             Jens Petter Olsen

DNB ASA – Annual General Meeting held on 27 April 2021

DNB’s Annual General Meeting was held on 27 April 2021. The Annual General Meeting was held digitally due to COVID-19. All items on the agenda were adopted as proposed, cf. the notice published on 6 April 2021. Regarding item 10, the Annual General meeting endorsed the continuation of the Articles of Association adopted as part of the merger plan, which stipulate a maximum of eight shareholder-elected members of the Board of Directors. The minutes from the Annual General Meeting are attached. Company information The information is subject to the disclosure requirements set out

Reminder: Invitation to DNB's first quarter presentation, Thursday, 29 April 2021

DNB will publish its results for the first quarter of 2021 on Thursday 29 April at 7:30 CET. 9:30 CET: Presentation CEO Kjerstin Braathen and CFO Ottar Ertzeid present the results at a live streamed press conference. A broadcast will be available on the Investor Relations pages at ir.dnb.no. 13:30 CET: Conference call for analysts and investors Call in details: Norway +47 21 56 33 18, UK Wide +44 (0) 33 0551 0200, US +1 212 999 6659. Password: DNB Q1 2021. Please join the call 5 minutes early to allow the operator to transfer you into the call by the scheduled start time. The

DNB announces commencement of the offer period for the recommended public voluntary offer by DNB Bank ASA to acquire the shares of Sbanken ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH-AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 23 April 2021 - Reference is made to the announcements on 15 April 2021, where it was announced that DNB ASA, through its wholly owned subsidiary DNB Bank ASA ("DNB" or the "Offeror"), had reached an agreement with Sbanken ASA ("Sbanken" or the "Company") to launch a recommended voluntary cash tender offer for 100% of the shares of the

Update on the recommended voluntary cash offer by DNB Bank ASA for Sbanken ASA at NOK 103.85 per share

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH-AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 16 April 2021 – Reference is made to the announcement on 15 April 2021 that DNB ASA’s wholly owned subsidiary DNB Bank ASA ("DNB”) had reached an agreement with Sbanken ASA ("Sbanken" or the "Company") to launch a recommended voluntary cash tender offer (the "Offer") for 100% of the shares of the Company for NOK 103.85 per share. DNB

DNB ASA announces recommended voluntary cash offer by DNB Bank ASA for Sbanken ASA at NOK 103.85 per share

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH-AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 15 April 2021 – DNB ASA announces today that its wholly owned subsidiary DNB Bank ASA (“DNB” or the “Offeror”) has reached an agreement with Sbanken ASA (“Sbanken” or the “Company”), the Oslo Stock Exchange-listed company, to launch a recommended voluntary cash tender offer (the “Offer”) for 100% of the shares (the “Shares”) of the

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Media