MING SpareBank 1 SMN

SpareBank 1 SMN: Mandatory notification of trade – SpareBank 1 SMN’s savings programme allocates equity certificate

SpareBank 1 SMN: Mandatory notification of trade – SpareBank 1 SMN’s savings programme allocates equity certificate

The equity certificates purchased by SpareBank 1 SMN on 5 and 8 February for use in the group’s savings programme for employees, have been distributed to the employees as bonus equity certificates in accordance with their savings amount.

After allocation the bank owns 2,095 equity certificates.

As participants in the savings programme, the primary insiders below have been allocated equity certificates as follows: 

Name:Allocated no. ECC’s:New total holding of ECC’s*:
   
Cathrine Aunvik1232,005
Rolf Jarle Brøske

Tomm Bøyesen

Kjell Fordal
123

123

123
10,328

6,367

246,427
Vegard Helland12335,317
Kjersti Hønstad1235,029
Inge Lindseth

Nelly Maske

Ola Neråsen

Arne Nypan

Kjetil Reinsberg

Margrethe L. Resellmo

Berit Rustad

Camilla Stang

Christina Straub
123

123

123

123

123

31

123

31

31
9,028

21,258

42,879

26,813

28,474

535

4,090

535

789

*) incl. close associates

Trondheim, 10 February 2021

                                                                                                    

Contact person in SpareBank 1 SMN:

CFO, Kjell Fordal, tel. 905 41 672

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act



EN
11/02/2021

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Q1 PTP was NOK1,269m, 6% lower YOY, as stronger ‘real NII’ and fees were offset by soft trading and higher opex. On a QOQ basis, two fewer interest days, and somewhat softer growth, led to a ‘real NII’ decline. With a CET1 ratio of 18.1%, we see continued capital headroom, supportive of solid distributions. We have trimmed our 2026–2027e EPS by ~1% on the NII trend, but reiterate our BUY and NOK202 target price.

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