The Norwegian Government to acquire DnB NOR stocks in the market
Historical archive
Published under: Bondevik's 2nd Government
Publisher: Ministry of Trade and Industry
Press release | Date: 28/11/2003 | Last updated: 23/10/2006
- The Norwegian Government intends to increase its share in DnB NOR ASA through acquiring stocks in the capital markets and has decided not to utilize its placement right. I have therefore instructed the Government Bank Investment Fund not to utilize the placement right, says the Minister of Trade and Industry Mr. Ansgar Gabrielsen. Press release from the Ministry of Finance regarding the approvals for the merger of DnB and Gjensidige NOR. (28 november 2003)
Press release
No.: 68/03
Date: 28 november 2003
Contact:
Head of information, Mr Øistein Øisjøfoss, phone: +47 22 24
01 25
The Norwegian Government to acquire DnB NOR stocks in the market
The merger plan for DnB NOR ASA gave The Government Bank Investment Fund an option for an exclusive placement of 117 million stocks.
- The Norwegian Government intends to increase its share in DnB NOR ASA through acquiring stocks in the capital markets and has decided not to utilize its placement right. I have therefore instructed the Government Bank Investment Fund not to utilize the placement right, says the Minister of Trade and Industry Mr. Ansgar Gabrielsen.
- The Norwegian Government takes the principles of equal treatment of all shareholders seriously. By following generally accepted principles for good Corporate Governance we intend to contribute to a positive development for quoted companies with public ownership, Mr. Gabrielsen points out.
The Norwegian Parliament has decided that the public share in DnB NOR shall be increased from 28,1% to 34%.