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Extraordinary General Meeting of Nordea AB (publ) in legal structure change process.

Europe Intelligence Wire

| August 20, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hugin)

The change process for the Nordea Group's legal structure is progressing according to the previously announced plan. Nordea Bank Danmark A/S and Nordea Bank Sweden AB (publ) have been transferred from Nordea Bank Finland Abp to Nordea AB (publ) by way of internal sale. The transfer of Nordea Bank Norge ASA is to be completed following approval by the Norwegian authorities. The Board of Directors of Nordea AB (publ) has today resolved to apply for a banking license for Nordea AB (publ), the parent company in the Nordea Group. Nordea AB (publ) is to be the Group[acute accent]s operational banking company in Sweden after absorption of Nordea Bank Sweden AB …

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