GJEB - Increase of share capital
Reference is made to announcements on 7 September 2016, 26 October 2016, 9 January 2017 and 17 February 2017 regarding the merger between Gjensidige Bank ASA and Gjensidige Investeringsrådgivning AS. The Board of Gjensidige Bank ASA has today, 8 March 2017, proposed to the General Meeting to increase equity by NOK 21 454 276 through a private placement with the parent company Gjensidige Bank Holding AS. Of the NOK 21 454 276 capital issue, NOK 876 000 would be share capital and NOK 20 578 276 would be allocated to premium reserves. The increase of share capital will immediately after the