Anuncio • Sep 11

Sampo Oyj (HLSE:SAMPO) completed the acquisition of remaining 51.71% stake in Topdanmark A/S (CPSE:TOP) from 1832 Asset Management L.P. and others.

Sampo Oyj (HLSE:SAMPO) entered into a combination agreement to acquire remaining 51.71% stake in Topdanmark A/S (CPSE:TOP) from 1832 Asset Management L.P. and others for DKK 16.8 billion on June 17, 2024. Pursuant to the agreement, Sampo will make a recommended public tender offer to the shareholders of Topdanmark for up to all shares (except treasury shares and shares already held by Sampo) in Topdanmark with consideration consisting of new A shares of Sampo. The shareholders of Topdanmark (disregarding Sampo and shareholders in certain excluded jurisdictions) will upon completion of the Exchange Offer receive 1.25 new A shares in Sampo as consideration for each share in Topdanmark owned by them, reflecting a value per Topdanmark share of DKK 366.38. The share of Topdanmark owned by current shareholders will contribute in aggregate with approximately 7.6% of operational 2024 illustrative earnings post-transaction with current Topdanmark shareholders receiving approximately 10.3% ownership of Sampo, implying a growth in 2024 illustrative operational earnings per share of approximately 35% for Topdanmark shareholders and approximately 42% when including run -rate operational synergies post-tax estimated by Sampo. No fractions of Sampo A shares will be delivered to shareholders in Topdanmark accepting the Exchange Offer. Following completion of the Offer, Sampo plans to integrate Topdanmark’s P&C operations into If P&C’s pan-Nordic business organisation, based on pan-Nordic customer groups and support functions, while maintaining the current Topdanmark main office in Ballerup. The planned integration would enable the combined group to take full advantage of the complementary business models and distribution channels, providing opportunities for cross-selling and future growth. The transaction values the entire share capital of Topdanmark at DKK 33 billion based on the agreed exchange ratio and the closing price of the Sampo share on Nasdaq Helsinki on 14 June 2024. Topdanmark’s Board of Directors finds that the consideration represents attractive financial value to Topdanmark’s shareholders (disregarding Sampo) and has unanimously decided, subject to its fiduciary duties, to rec-ommend that Topdanmark shareholders accept the Exchange Offer when made. After completion of the Exchange Offer, the shareholders of Topdanmark are expected to own 10.3% and the existing share-holders of Sampo 89.7%, respectively, of Sampo. Also, Sampo intends to seek to have Topdanmark’s shares removed from trading and official listing on Nasdaq at an appropriate time following completion of the Offer. If the combination agreement is terminated due to a material breach by a party, resulting in the failure of the completion to occur, then such party shall, without prejudice to any other remedies available to the non-breaching party, reimburse the other party for its actual reasonable costs incurred in connection with the entering into of the combination agreement and the preparation of the Exchange Offer, however not more than DKK 74.59 million. Topdanmark is entitled to a similar reimbursement of costs if the general meeting of Sampo does not approve the resolutions necessary for Sampo to deliver the consideration shares or if Sampo is not able to obtain the regulatory approvals resulting in the failure of the completion of the Exchange Offer by 13 March 2025 subject to certain exceptions. The Board of Directors of Sampo intends to appoint Peter Hermann, Group CEO of Topdanmark, as Deputy CEO of If P&C Insurance Holding, and member of the Sampo Group Executive Committee, subject to completion of the Offer. Peter Hermann has worked as Group CEO of Topdanmark since 2018 and as CEO of Topdanmark Livsforsikring from 2016 to 2018 and will remain as Group CEO of Topdanmark until the integration into If P&C is completed. Morten Thorsrud will continue as CEO of If P&C Insurance Holding Ltd (publ). The making of the Exchange Offer is subject to certain pre-conditions, including that the shareholders of Sampo at an extraordinary general meeting, expected to take place on or around 9 July 2024, resolve to authorise Sampo’s Board of Directors to issue the consideration shares. Sampo’s Board of Directors recommends that the shareholders vote in favour of and adopt such resolution. Completion of the Exchange Offer, when made will be subject to certain conditions being satisfied or waived at expiry of the offer period, including Sampo owning or having received acceptances with respect to shares representing at least 90% of the voting rights and share capital of Topdanmark (except treasury shares) plus share, that the Topdanmark Board of Directors has published and not subsequently withdrawn or adversely amended its recommendation to the Topdanmark shareholders to accept the Exchange Offer, regulatory approvals from relevant authorities having been obtained, (iv) the non-occurrence of certain material adverse effects related to Topdanmark, that the combination agreement between the parties has not been terminated and certain other customary conditions. The offer period for the Exchange Offer is expected to commence in July/Aug and expire not less than 20 business days after publication of the offer document, subject to any extension of the offer period by Sampo. To facilitate trading for current Danish Topdanmark shareholders, Sampo will apply for a secondary listing of the Sampo A shares on Nasdaq Copenhagen to take effect on or around completion of the Exchange Offer. Completion of the Offer is also subject to obtaining necessary regulatory approvals, namely permission by the Danish Financial Supervisory Authority pursuant to the Danish Insurance Business Act, and authorisation for a foreign direct investment pursuant to the DIS Act. Completion of the Offer is not subject to any competition clearances. It is a condition for the completion of the Exchange Offer that such secondary listing is approved by Nasdaq Copenhagen. Sampo will continue to have its A shares listed on Nasdaq Helsinki and its Swedish Depository Receipts listed on Nasdaq Stockholm, while it is intended that Topdanmark’s shares will be delisted from Nasdaq Copenhagen. The offer period is initially expected to commence in July/Aug 2024, and settlement and it is expected that the completion of the Exchange Offer will take place during Sept 2024, subject to all conditions for completion being fulfilled. The proceeds will be distributed in DKK on a pro rata basis to the Topdanmark shareholders entitled to such fractions, net of any transfer taxes or similar duties and without interest. Sampo expects to be able to realize significant potential synergies through the Offer and planned integration as it strengthens its overall scale and competitive position in the Danish P&C insurance market. As of 19 June 2024, Topdanmark’s shareholder 1832 Asset Management L.P., representing 4.9% stake in Topdanmark to accept the offer. Irrevocable commitments and support together with Sampo’s ownership in Topdanmark now represent 57.2% stake in Topdanmark. As on July 8, 2024, Sampo is pleased to announce that it has received the necessary authorisation from the Danish Business Authority to complete the Offer pursuant to the DIS Act. Carnegie Investment Bank and ABG Sundal Collier provided fairness opinion to Topdanmark’s BOD. Carnegie Investment Bank, advised to Topdanmark’s Board of Directors. Topdanmark is being advised by Kromann Reumert as legal advisor and Borenius Attorneys Ltd as Finnish legal advisor and Allen Overy Shearman Sterling LLP as legal advisor. Plesner Advokatpartnerselskab, Hannes Snellman Attorneys Ltd. and Denis Klimentchenko of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor and Goldman Sachs International acted as financial advisor and delivered a fairness opinion to Sampo. Cleary Gottlieb acted as advisor to Goldman Sachs. Nordea Danmark, Stikeman Elliott and Deloitte acted as advisor to Offeror. Sampo Oyj (HLSE:SAMPO) completed the acquisition of remaining 51.71% stake in Topdanmark A/S (CPSE:TOP) from 1832 Asset Management L.P. and others on September 9, 2024. The offer period for the recommended best and final public exchange offer made by Sampo plc to acquire all of the outstanding shares in Topdanmark has expired on September 9, 2024. Accordingly, Sampo considers all conditions satisfied and will proceed to complete the Offer. Based on the preliminary result and non-binding summation of acceptances, Sampo would together with its current Topdanmark holding, as a result of the Offer hold approximately 92.6% of the shares in Topdanmark. It is expected that the squeeze-out will consume the majority of the DKK 2.9 billion allocated for the squeeze-out and buybacks, as part of the DKK 5.9 billion total capital deployment communicated on June 17, 2024. The squeeze-out is expected to be settled in cash. Expected announcement of the final result of the Offer will be on September 16, 2024. On or about September 17, 2024, Trading in the Sampo offer shares commences on the official list of Nasdaq Helsinki.

Porcentaje del salario del CEO	23.59%
Permanencia del CEO	20.5yrs
Participación del CEO	0.02%
Permanencia media de la dirección	2.6yrs
Promedio de permanencia en la Junta Directiva	3.2yrs

Fecha	Compensación total	Salario	Ingresos de la empresa
Mar 31 2026	n/a	n/a	€2b
Dec 31 2025	€1m	€269k	€2b

Nombre	Posición	Permanencia	Compensación	Propiedad
Morten Thorsrud	Group CEO	20.5yrs	€1.14m	0.017% $ 4.9m
Lars Beck	Group CFO & Member of Executive Committee	less than a year	sin datos	sin datos
Ake Wennerklint	Deputy CEO & Member of Group Executive Committee	21.5yrs	sin datos	0.0065% $ 1.9m
Ingrid Holthe	Head of Private Nordic & Member of the Group Executive Committee	7.4yrs	sin datos	0.0034% $ 990.9k
Klas Svensson	Head of Nordic Commercial & Member of Group Executive Committee	2.5yrs	sin datos	0.0016% $ 466.5k
Ville Talasmaki	Group Chief Investment Officer & Executive Committee Member	2.8yrs	sin datos	0.0045% $ 1.3m
Tiina Halmesmäki	Chief Legal Officer & Member of Group Executive Committee	less than a year	sin datos	sin datos
Poul Steffensen	Head of Nordic Industrial & Member of Group Executive Committee	less than a year	sin datos	0.0028% $ 817.0k
Knut-Arne Alsaker	Advisor	less than a year	sin datos	0.011% $ 3.1m
Johanna Tynkkynen	Head of Sustainability	no data	sin datos	sin datos
Kai Sotamaa	Chief Risk Officer	7.3yrs	sin datos	sin datos
Mirko Hurmerinta	Manager of Investor Relations	no data	sin datos	sin datos

Nombre	Posición	Permanencia	Compensación	Propiedad
Andreas Brandstetter	Independent Director	less than a year	sin datos	sin datos
Risto Murto	Independent Vice Chair of the Board	11.3yrs	€140.00k	0.0013% $ 362.2k
Markus Rauramo	Independent Director	5.2yrs	€138.00k	0.00073% $ 211.5k
Steve Langan	Independent Director	4.2yrs	€114.80k	0.00057% $ 165.1k
Sara Mella	Independent Director	1.3yrs	€114.80k	0.00053% $ 153.6k
Astrid Stange	Independent Director	2.3yrs	€114.80k	0.00045% $ 130.4k
Antti Makinen	Independent Chairman	3.2yrs	€243.00k	0.0018% $ 530.2k
Annica Witschard	Independent Director	3.2yrs	€114.80k	0.00046% $ 133.3k

Datos	Última actualización (huso horario UTC)
Análisis de la empresa	2026/07/13 17:00
Precio de las acciones al final del día	2026/07/09 00:00
Beneficios	2026/03/31
Ingresos anuales	2025/12/31

Paquete	Datos	Marco temporal	Ejemplo Fuente EE.UU. ^*
Finanzas de la empresa	10 años	Cuenta de resultados Estado de tesorería Balance	Formulario SEC 10-K Formulario SEC 10-Q
Estimaciones del consenso de analistas	+3 años	Previsiones financieras Objetivos de precios de los analistas	Informes de análisis Blue Matrix
Precios de mercado	30 años	Precios de las acciones Dividendos, escisiones y acciones	Datos de mercado ICE Formulario S-1 de la SEC
Propiedad	10 años	Accionistas principales Información privilegiada	Formulario SEC 4 Formulario SEC 13D
Gestión	10 años	Equipo directivo Consejo de Administración	Formulario SEC 10-K Formulario SEC DEF 14A
Principales avances	10 años	Anuncios de empresas	Formulario SEC 8-K

Analista	Institución
null null	ABG Sundal Collier
Claudia Gaspari	Barclays
Alessia Magni	Barclays

Sampo Oyj Dirección

Dirección controles de criterios 3/4

Información clave

Actualizaciones recientes de la dirección

Sampo plc Announces Appointment of Diane Michelberger to Head of Investor Relations

Sampo Oyj Announces Christian Clausen Will Not Stand for Re-Election for the Board of Directors

Sampo Oyj Announces CFO Changes

Sampo Oyj, Annual General Meeting, Apr 22, 2026

Sampo Group Announces CEO Changes, Effective October 1, 2025

Sampo Oyj Announces Board Changes

Recent updates

Sampo plc Announces Appointment of Diane Michelberger to Head of Investor Relations

Sampo Oyj Approves Dividend for the 2025, Payable on May 5, 2026

Sampo Oyj Announces Christian Clausen Will Not Stand for Re-Election for the Board of Directors

Sampo Oyj Proposes Dividend, Payable on May 5, 2026

Sampo plc Receives Approval for Extended Group Partial Internal Model

Sampo Oyj Provides Revenue Guidance for the Year 2026

Sampo Oyj Reaffirms Revenue Guidance for the Year 2025

Sampo Oyj Announces CFO Changes

Sampo Oyj, Annual General Meeting, Apr 22, 2026

Sampo Group Announces CEO Changes, Effective October 1, 2025

Sampo Oyj Announces Board Changes

Sampo plc Proposes Regular Dividend, Payable May 6, 2025

Sampo Oyj to Report Fiscal Year 2024 Results on Mar 17, 2025

Sampo Oyj to Report Q1, 2025 Results on May 07, 2025

Sampo Oyj to Report Fiscal Year 2024 Results on Feb 06, 2025

Sampo Oyj (HLSE:SAMPO) completed the acquisition of remaining 51.71% stake in Topdanmark A/S (CPSE:TOP) from 1832 Asset Management L.P. and others.

Sampo Oyj (HLSE:SAMPO) commences an Equity Buyback for 50,000,000 shares, representing 9.96% of its issued share capital, under the authorization approved on April 25, 2024.

Sampo Oyj (HLSE:SAMPO) entered into a combination agreement to acquire remaining 51.71% stake in Topdanmark A/S (CPSE:TOP) for DKK 16.8 billion .

Mandatum Oyj (HLSE:MANTA) agreed to acquire 19.83% stake in Saxo Bank A/S from Sampo Oyj (HLSE:SAMPO).

Sampo Receives Approval From the Swedish Fsa (Finansinspektionen) for Its Group Partial Internal Model

Sampo Oyj Announces Dividend for 2023, Payable on May 7, 2024

Fiona Clutterbuck Will Not Be Available for Re-Election of Sampo Oyj's Board

Sampo plc Proposes Regular Dividend, Payable on May 7, 2024

Sampo plc Appoints Klas Svensson as Group Executive Committee, Effective from January 1, 2024

Sampo Oyj to Report Fiscal Year 2023 Final Results on Mar 18, 2024

Sampo Oyj(HLSE:MANTA) dropped from S&P EUROPE 350 - Financials (Sector)

Sampo Oyj Announces Executive Changes

Sampo plc Submits Group Partial Internal Model Application

Sampo Oyj(OM:SAMPO SDB) dropped from OMX Nordic All-Share Index

Sampo Oyj Approves to Distribute A Dividend for 2022, Payable on 31 May 2023

Sampo plc Proposes Regular Dividend for the Year 2022, Payable on 31 May 2023

Sampo Oyj Announces Björn Wahlroos, Chair of the Board of Directors Not Available for Re-Election

Sampo Oyj to Report Nine Months, 2023 Results on Nov 08, 2023

Sampo Oyj to Report Fiscal Year 2022 Results on Feb 09, 2023

Análisis de compensación del CEO

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Equipo directivo

Miembros de la Junta

Análisis de la empresa y estado de los datos financieros

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