Max Bank A/S – extension of deadline
- The Bank has made a request for and been granted extension of the deadline for complying with the solvency requirement as laid down by the Danish Financial Supervisory Authority (FSA).
As the Bank’s situation remains to be clarified, as referred to in Stock Exchange Announcement no 14/2011 of 8 October 2011, the Bank has made a request for and been granted extension of the deadline until Monday, 10 October 2011, 6.59 am, for complying with the solvency requirement as set by the FSA.
Provided that a final transfer agreement is made between the Bank and Finansiel Stabilitet A/S (the Financial Stability Company) by Monday, 10 October 2011, 6.59 am, the Bank has requested and been granted further extension of the said deadline until 7 November 2011, at 12.00 pm, with a view to facilitating a smooth and problem-free transfer of the Bank's assets etc.
Once the situation has been clarified, a new stock exchange announcement will be published.
Yours faithfully
Max Bank A/S
Steen Sørensen Henrik Lund
Chairman of the Chief Executive Officer
Board of Directors
Contact: Henrik Lund, Chief Executive Officer
Stock exchange announcement no 15/2011
