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Resurs Bank and yA Bank AS will merge through an intra-group merger

The Boards of Directors of Resurs Bank AB (publ) ("Resurs Bank"), a wholly-owned subsidiary of Resurs Holding AB (publ), and its wholly-owned Norwegian subsidiary yA Bank AS ("yA Bank"), have on 3 April 2018 resolved to adopt a joint merger plan and merger report for a cross-border merger between the two companies. The merger will be implemented by Resurs Bank absorbing yA Bank. Following completion of the merger, the Norwegian business will be carried out through Resurs Bank's branch office in Norway. On 28 February 2018, Resurs Bank and yA Bank announced an intention to merge the two

Resurs Bank intends to carry out an intra-group cross-border merger with yA Bank AS

The Board of Directors of Resurs Bank AB (publ) (“Resurs Bank”), a wholly-owned subsidiary to Resurs Holding AB (publ), announces its intention to initiate a process to merge Resurs Bank with its wholly-owned subsidiary yA Bank AS (“yA Bank”), by a cross-border merger. The intention is to complete the merger during 2018. Resurs Bank is expecting the proposed merger to enable a more effective utilization of internal resources and knowledge transfer, a broader product offering under the trademark Resurs and optimization of capital and liquidity utilization within the Resurs Holding Group.

Resurs Bank closes the acquisition of the Norwegian niche bank yA Bank

On 15 July 2015, Resurs Bank entered into an agreement with the Norwegian OTC-listed yA Holding ASA regarding the acquisition of 100 percent of the shares in its two operating subsidiaries yA Bank AS and MetaTech AS (together “yA Bank”). The acquisition has been approved by vote at yA Holding’s general meeting and Resurs Bank has received approval to close the acquisition from the Swedish Financial Supervisory Authority, the Financial Supervisory Authority of Norway and the Norwegian Competition Authority.The acquisition closed on 26 October 2015. The purchase price amounted to a total

Resurs Bank buys the Norwegian nichebank yA Bank

Resurs Bank has entered into a share purchase agreement with the Norwegian OTC-listed yA Holding regarding the purchase of all their assets, i e their subsidiaries yA Bank and Meta Tech at a price of NOK 1,57 billion (about SEK 1,65 billion), which is equivalent of 55 NOK per share. Completion of the transaction is subject to the approval of an extraordinary general meeting of yA Holding by 2/3 majority and has been recommended by the board of yA Holding. The extraordinary general meeting is expected to be held within the next four weeks and shareholders holding shares representing more

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