New Owner Structure of Eik Banki Føroya P/F


On 6th April 2011, the sales agreement between the Danish Financial Stability Company and Faroese holding company TF Holding P/F regarding 70 per cent of the share capital of Eik Banki Føroya, was closed.

The agreement has been approved by the relevant Faroese and Danish authorities, and TF Holding P/F now owns 70 per cent of the share capital of Eik Banki Føroya whereas the Danish Financial Stability Company holds the remaining 30 per cent.

Sincerely 

Torben Nielsen

Chairman of the Board of Directors

         Torben Nielsen, Chairman of the Board, Tel +45 42 96 32 29


Attachments

Stock_Exchange_Announcement_3_2011.pdf