Nordea Bank Reports Manager's Share Transactions

Nordea Bank Abp announced a significant transaction involving its Group Leadership Team member, Mark Kandborg. According to an official stock exchange release on April 5, 2024, Kandborg has acquired a total of 12,407 shares in the bank. This transaction falls under the EU Market Abuse Regulation's notification requirement, indicating Kandborg's receipt of share-based incentives from the bank.

The transaction, reported to have occurred on April 4, 2024, did not involve any trading venue, marking it as a direct incentive allocation to Kandborg. The shares were received at no cost (0 DKK per share), which is typical for share-based incentive plans designed to align the interests of the bank's leadership with those of its shareholders. Nordea Bank has disclosed this transaction as part of its compliance with the EU Market Abuse Regulation, ensuring transparency in managerial transactions.

For more information, Nordea Bank points to its Group Corporate Communication contact, Susanna Aarnio-Halme. The bank asserts that such disclosures are essential for maintaining transparency and adhering to regulatory requirements.