SpareBank 1 SR-Bank ASA (SRBANK); Claim partially upheld in judgement handed down by Borgarting Court of Appeals

Today SpareBank 1 SR-Bank has received a judgement handed down by Borgarting Court of Appeals, case no. 18-027239ASD-BORG/01, where Kluge Advokatfirma AS and others are sentenced to pay NOK 75 million to SpareBank 1 SR-Bank ASA with the addition of interest on overdue payments from 30 September 2016 and until payment takes place.

The judgement may be legally binding after one month.

Stavanger, 13 March 2019

Inge Reinertsen, CFO, Tel. +47 909 95 033
Stian Helgøy, Vice President Investor Relations, Tel. +47 906 52 173
Thor-Christian Haugland, Executive Vice President Communications, Tel. +47 480 31 633

This information is disclosed in compliance with section 5-12 of the Securities Trading Act.

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.