Aktia Bank Plc
Press release
15 December 2021 at 4.00 p.m.
Aktia to execute mergers of subsidiaries as planned 1 January 2022
As planned and informed, Aktia Bank Plc executes the merger of its wholly owned subsidiary Aktia Wealth Management Ltd with Aktia Bank Plc on 1 January 2022. At the same time, Aktia merges its two subsidiaries, where Aktia Fund Management Company Ltd merges with AV Fund Management Ltd. As from 1 January 2022, the name of the Fund Management Company is Aktia Fund Management Company Ltd. Both mergers are a part of simplifying asset management operations, where an essential part is the simplification of the group structure.
The Boards of Directors of Aktia Bank Plc and the said subsidiaries as well as the general meeting of Aktia Fund Management Company Ltd have approved the mergers, and the entry into force of both mergers is 1 January 2022.
The mergers do not require any actions from the customers.
Aktia Bank Plc
Further information:
Perttu Purhonen, EVP, Director, Asset Management, perttu.purhonen (at) aktia.fi
Distribution:
Nasdaq Helsinki Ltd
Mass media
www.aktia.com
Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 900 people around Finland. Aktia's assets under management (AuM) on 30 June 2021 amounted to EUR 15.6 billion, and the balance sheet total was EUR 11.2 billion. Aktia's shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.
