Aktia Bank plc: Comments on the stock exchange rel

Helsinki, Finland, 2017-03-29 10:00 CEST (GLOBE NEWSWIRE) --  

Aktia Bank plc Stock Exchange Release 29/03/2017 at 11.00 am

Comments on the stock exchange release from EVRY and Samlink 29 March 2017

The companies EVRY and Samlink have today announced that EVRY has signed a letter of intent to acquire the entire share capital Oy Samlink Ab. The companies also discuss whether the 50 banks currently serviced by Samlink would select EVRY’s core banking solution as their future banking platform.

Aktia Bank has developed its own core banking system, which will be implemented step-by-step in the spring of 2017. With the implementation of its new core banking system Aktia will cease to use Samlink as main supplier of its IT systems.

Aktia owns approximately 23% of the shares in Samlink. In Aktia’s balance sheet the shares have a book value of EUR 0.

Aktia is not an active part in the on-going negotiations between EVRY and Samlink. At present it’s not possible to reliably estimate the effects of a possible transaction on Aktia’s profit and financial position.

AKTIA BANK PLC

For more information, please contact: CFO Fredrik Westerholm, tel. +358 10 247 6505 CIO, Magnus Weurlander, tel. +358 10 247 6383

From: Head of IR Anna Gabrán, tel. +358 10 247 6501

Distribution: Nasdaq Helsinki Ltd Central media www.aktia.com

Aktia provides a broad range of products within banking, insurance and real estate agency. Aktia operates mainly in coastal areas and inland growth areas. Aktia has about 380,000 customers who are served by approximately 1,000 employees at 45 branch offices and via Internet and telephone services. Aktia's shares are listed on the list of Nasdaq Helsinki Ltd. For more information about Aktia see www.aktia.com.