Disclosure of increased ownership in Sandnes Sparebank (SADG)

SpareBank 1 SR-Bank has subscribed for and been allocated 2,500,000 equity certificates in the rights offering in Sandnes Sparebank ( SADG ) . The subscription will result in SpareBank 1 SR- Bank's stake in the company's equity certificates exceeding flag threshold of 15%. SpareBank 1 SR-Bank owns after the offering 3,485,009 equity certificates of the Company, representing 15.14 % of the equity certificates in the company after the share issue.

About Us

SpareBank 1 SR-Bank is Norway’s second largest savings bank and operates in the Rogaland, Agder and Hordaland markets. We provide financial products and services, including loans and deposits, mutual funds and asset management, insurance and pension savings, payment and financing services, real estate brokerage and services related to the money and capital market. The head office is in Stavanger.