Newcap Holding
Capinordic Bank A/S
Capinordic A/S / 11.02.2010 12:20 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Translation This text has been prepared in Danish and in English. In case of discrepancies, the Danish text will prevail. Company Announcement No. 11/2010 11 February 2010 Capinordic Bank A/S Yesterday on 10 February 2010, Capinordic Bank A/S, a subsidiary of Capinordic A/S, filed for a suspension of payments. Today, the Danish Financial Supervisory Authority has filed a petition in bankruptcy against Capinordic Bank A/S under section 234 of the Danish Financial Business Act (lov om finansiel virksomhed) as Capinordic Bank A/S is considered to be insolvent. The Bankruptcy Division of the Maritime and Commercial Court has subsequently commenced bankruptcy proceedings against Capinordic Bank A/S. Capinordic A/S expects that the bankruptcy estate and Finansiel Stabilitet A/S (or a subsidiary) will enter into an agreement on the transfer of Capinordic Bank A/S' assets and liabilities or part thereof to Finansiel Stabilitet A/S (or a subsidiary). To the extent possible, Capinordic A/S will monitor the bankruptcy proceedings to ensure that the existing assets are preserved as well as possible. Yours sincerely Henrik Vad Group CEO For further information please contact: Group CEO Henrik Vad +45 8816 3000, +45 2688 8900, info@capinordic.com News Source: NASDAQ OMX 11.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Capinordic A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010212570 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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