Lån & Spar Bank A/S is contemplating completing a rights issue. The bank is expecting proceeds from the rights issue in the amount of approx. DKK 350m. Therefore, the bank has published a prospectus.
In connection with the rights issue, Lån & Spar Bank A/S has received conditional advance undertakings to subscribe for rights issue shares and concluded conditional underwriting agreements. If the rights issue is completed and the advance subscribers and the underwriters meet their obligations, the offered shares will be fully subscribed.
Mads Kjellerup Dambæk, Lars Hagbard Grønkjær, Ann-Sofie Trampe Jarløv and Amalie Lucca Hass are acting as legal advisors for Lån & Spar Bank A/S in connection with the rights issue.