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 permanent ticker following the merger.

More specific information regarding the time line will be provided prior to completion of the merger.