Nykredit Realkredit A/S has received all regulatory approvals to complete the recommended, voluntary public tender offer for Spar Nord Bank A/S - Nykredit Realkredit A/S

Core Viewpoint - Nykredit Realkredit A/S has received all necessary regulatory approvals to proceed with its voluntary public tender offer for Spar Nord Bank A/S, with the offer price set at DKK 210.50 per share, valuing Spar Nord Bank at DKK 24.7 billion [1][3]. Group 1: Regulatory Approvals - The Danish Competition and Consumer Authority has approved Nykredit's acquisition of sole control over Spar Nord Bank, fulfilling the "Regulatory Condition" for the offer [3]. - Nykredit announced its intention to submit the voluntary public tender offer on December 10, 2024, and the offer document was published on January 8, 2025, with subsequent supplements [2][3]. Group 2: Offer Details - The offer price for Spar Nord Bank shares has been increased to DKK 210.50 per share from the initial DKK 210 [1]. - The offer period is set to expire on May 20, 2025, with a preliminary announcement regarding acceptances expected on May 21, 2025 [4]. Group 3: Future Plans - Nykredit plans to delist Spar Nord Bank from Nasdaq Copenhagen and execute a compulsory acquisition of remaining shareholders, contingent on achieving the necessary ownership interest [5]. - Following the completion of the offer, Nykredit anticipates combining Nykredit Bank A/S and Spar Nord Bank, which will further increase its ownership stake in Spar Nord Bank [5][6].