Nordic Trustee A/S (Denmark) becomes a wholly owned subsidiary of Nordic Trustee Holding ASA

The operations of Nordic Trustee in the Danish market has been performed through the company Nordic Trustee A/S ("NT Denmark"), which has been owned on a 50/50-basis between VP Securities A/S and Nordic Trustee Holding ("NTH"). With effect from year-end 2016 NTH has acquired the 50% stake in NT Denmark that has been owned by VP Securities. Following the acquisition is NT Denmark now a wholly owned subsidiary of NTH in line with the other trustee companies in the group.

Changes in ownership of NT Denmark will not affect the operation of the company. CEO of NTH - Ragnar Sjoner - says he is pleased that Jacob Arenander will continue as CEO for the groups Danish trustee company. NT Denmark will be relocated to new office facilities in the course of Q1 2017.