Last checked at 21 Oct 2019 10:00
Sampo has received the approval for the termination of FICO
SAMPO PLC STOCK EXHANGE RELEASE 21 October 2019 at 12:00 pm
Sampo has received the approval for the termination of FICO
As announced on 7 August 2019, Sampo plc distributed an extra dividend in the form of Nordea Bank Abp shares. As a result of the distribution, Sampo’s ownership in Nordea decreased below 20 percent and Sampo filed an application with the Finnish Financial Supervisory Authority for the termination of the Financial and Insurance Conglomerate (FICO) rules.
The Finnish Financial Supervisory Authority has today approved the application. Henceforth, Sampo Group’s solvency will be calculated only by the Solvency II rules.
SAMPO PLC
Jarmo Salonen Head of Investor Relations and Group Communications tel. +358 50 424 0030
Maria Silander Communications Manager, Media Relations tel. +358 10 516 0031
Distribution: Nasdaq Helsinki London Stock Exchange The principal media Financial Supervisory Authority www.sampo.com