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Skandiabanken ASA : Mandatory notification of trade

Bergen 17 June 2016: The following primary insider have purchased and transferred shares in Skandiabanken ASA today:

Henning Nordgulen (CFO) has, through his related party North Hill Invest AS, purchased 980 shares at NOK 52.75 per share. Further he has transferred 2173 privately owned shares to his related party North Hill Invest AS at a price of NOK 52.75 per share. Total holding through his related party, North Hill Invest AS, after the transaction is 10 000 shares.

 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.