Handelsbanken has sold its holding in SCA (publ)

Handelsbanken has divested 15,145,124 class A shares in Svenska Cellulosa Aktiebolaget, SCA (publ), corresponding to 2.1 per cent of the capital and 10.3 per cent of the voting rights.

This transaction means that the Bank will report a capital gain of approximately SEK 1.2 billion, which will have a positive impact on the Bank’s earnings in the fourth quarter of 2015. The divestment will not result in any increase in the Bank’s equity, as the shares were recognised as an AFS asset at market value in the Bank’s accounts. 

As a result of the sale, risk-weighted assets will decrease and the expected impact on the Bank’s common equity tier 1 ratio is estimated at 0.4 percentage points.

For further information, please contact:

Mikael Hallåker, Head of Investor Relations, Handelsbanken, +46 8 701 1000,
+46 70 266 2995
Johan Wallqvist, Press Officer, Handelsbanken, +46 8 701 8047,
+46 72 206 3450
Johan Lagerström, Global Head of Corporate Communications, +46 8 701 1000,
+46 70 265 8014

This information is of the type which Handelsbanken is obliged to make public according to the Swedish Securities Market Act. The information was submitted for publication on 6 November 2015 at 07:58 CET. For more information about Handelsbanken, see: www.handelsbanken.com