Legal information

Storebrand ASA is a financial institution subject to the Norwegian Act on Financing Activity and Financial Institutions (the Financial Institutions Act). The Financial Institutions Act contains certain provisions regarding, amongst other things, ownership structure and acquisition of holdings in a financial institution.
The acquisition of qualifying holdings in a financial institution requires prior notification to and authorization given by Norwegian regulatory authority pursuant to an assessment of fitness and propriety of the aquirer, cf. the Financial Institutions Act § § 2-2 - 2-5.

A qualifying holding means a holding which represents 10 percent of more of the capital or voting rights in a financial institution, or which makes it possible to exercise significant influence on the management of the institution and its business.
The Act can be found on the following webpage: www.lovdata.no

Key legal information for shareholders in Norwegian public limited companies listed on Oslo Børs and Oslo Axess  (189kB)