SpareBank 1 Nord-Norge: Profit Sharing Employees 2005

Fri, Mar 31, 2006 14:33 CET Report this content

SpareBank 1 Nord-Norge's Main Board of Directors have decided that the major portion of the Bank's profit sharing for employees for 2005 will be done through the allocation of Primary Capital Certificates (PCCs) to the employees.  In this connection, 130,040 PCCs have been acquired at an average cost of NOK 141.16, totalling approximately NOK 18.4 mill.  The PCCs will be distributed to the employees.

 

Tromsoe, 31. March 2006

 

Rolf Eigil Bygdnes

CFO