Merger of Oslo Børs Holding ASA and VPS Holding ASA
Oslo Børs Holding ASA and VPS Holding ASA received approval of the merger from the Ministry of Finance on 8 November 2007. In connection with the approval, certain conditions were stipulated for the merger, and these must be evaluated and resolved before the merger can be carried out. Some of the matters involved also require prior approval by Kredittilsynet (the Financial Supervisory Authority of Norway).
The boards of directors of Oslo Børs Holding ASA and VPS Holding ASA recommended a merger of the two companies to their respective shareholders in March this year. The Merger Plan was considered and approved by both boards on 3 May, and general meetings of both companies approved the merger on 11 June. Both companies received notification from the Norwegian Competition Authority on 14 September that the Authority did not intend to intervene against the merger, and the companies received final approval for the merger from the Ministry Finance on 8 November.
Requests for further information may be addressed to:
Bente A. Landsnes, President and CEO, Oslo Børs. Tel: +47 905 50 495
Jan Hellstrøm, CEO, VPS Holding ASA. Tel: +47 911 15 432
Oslo Børs, 13 November 2007