DNB accepts bid from Nasdaq

At the beginning of January, the Board of Directors of Oslo Børs VPS Holding ASA invited relevant interested parties to make a bid for the shares of the company. Nasdaq has today announced that they will submit an offer that is higher than the current bid from Euronext.  

After due consideration of the bids, the Board has given the shareholders a comprehensive justification for why they believe the Nasdaq bid to be the best solution, from both a financial and an industrial perspective. The Board of Directors recommends the shareholders to accept the bid from Nasdaq.  

DNB agrees with the Board's assessments of the offers, and will adopt the Board's recommendation. DNB will accept the bid from Nasdaq. 

DNB has historically been of the opinion that the ownership of Oslo Børs VPS should have a strong foundation in the Norwegian market. With the options that are now available, we believe that Nasdaq will offer the strategically best solution for the Norwegian capital market and for the Norwegian Central Securities Depository (VPS). 

DNB owns 19.82 per cent of the shares in Oslo Børs VPS through the company portfolio in DNB Livsforsikring AS.

Contact persons:

Rune Helland, head of Investor Relations, tel: +47 977 13 250
Thomas Midteide, group executive vice president, Media & Marketing, tel.: + 47 962 32 017

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.