Aktia to execute mergers of subsidiaries as planned 1 January 2022
16 December 2021 - 1:00AM
Aktia to execute mergers of subsidiaries as planned 1 January
2022
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.
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