BNORDIK BankNordik P/F

Major shareholder announcement ─ Protector Forsikring ASA

Major shareholder announcement ─ Protector Forsikring ASA

Company announcement



Announcement no. 9/2019

                                                                                                                                          

Major shareholder announcement  ─ Protector Forsikring ASA

In accordance with section 29 of the Faroese Securities Trading Act, Banknordik discloses it has been notified today by Protector Forsikring ASA, that at 14 February 2019, Protector Forsikring ASA held 615,043 shares equal to 6.15% of BankNordik’s share capital.



Further information:

Árni Ellefsen, CEO, tel. (+298) 230 348



BankNordik has banking activities in Denmark, Greenland and the Faroe Islands and insurance activities in the Faroe Islands. Founded in the Faroe Islands more than a century ago, the Group has total assets of DKK 16.7bn and 385 employees. The Bank is subject to the supervision of the Danish Financial Supervisory Authority and is listed on Nasdaq Copenhagen.

EN
19/02/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on BankNordik P/F

Rasmus Vendelboe Jakobsen
  • Rasmus Vendelboe Jakobsen

BankNordik - Another stable quarter apart from investments

Investment portfolio earnings the only disturbance… …in another solid quarter from BankNordik Mid-range net profit expected despite investment losses

Rasmus Vendelboe Jakobsen
  • Rasmus Vendelboe Jakobsen

BankNordik - Net profit miss but core operations are solid

Losses on bond portfolio behind net profit… … as indicated in net profit downgrade in October Core operations remain solid despite low NII effect in Q3

Rasmus Vendelboe Jakobsen
  • Rasmus Vendelboe Jakobsen

BankNordik - Market value adjustments behind PW

New net profit guidance DKK 140m-170m (160m-190m) Our expected rate path implies ‘23e income of DKK 509m ‘24e adj. P/E of 5.1x is well below peers

Rasmus Vendelboe Jakobsen
  • Rasmus Vendelboe Jakobsen

BankNordik - ABGSC’s DK small/mid-cap seminar feedback

Incoming CEO presented at today’s Copenhagen seminar Gas independence strengthens asset quality Positive outlook for continued growth in Greenland

Rasmus Vendelboe Jakobsen
  • Rasmus Vendelboe Jakobsen

BankNordik - Insurance and loan loss reversals stand out

Profit before tax at DKK 54m, 8% above ABGSCe Growth in Greenland on track Strong quarter on insurance despite investment losses

ResearchPool Subscriptions

Get the most out of your insights

Get in touch