Nordic Capital Fund VIII and Sampo plc, through NDX Intressenter AB (“NDX Intressenter”), declared the public offer for Nordax Group AB (publ) ("Nordax" or the "Company") unconditional on 15 March 2018. NDX Intressenter controls more than 97 per cent of the shares in Nordax and has notified the Company of its intention to request compulsory redemption of the remaining shares in the Company.

As requested by NDX Intressenter, the Board of Directors of Nordax has today given notice of an Extraordinary General Meeting to be held on 2 May 2018, for the purposes of, amongst other things, appointing a new board.

Further, as proposed by NDX Intressenter, the Board of Directors of Nordax has resolved to apply for de-listing of the Company's shares from Nasdaq Stockholm. The last day of trading in the Company’s shares on Nasdaq Stockholm will be announced as soon as the Company has received confirmation from Nasdaq Stockholm.

As a result of the decision to apply for de-listing, the Board of Directors of Nordax has also resolved to not publish the interim report for the period 1 January – 31 March 2018, provided that Nasdaq Stockholm resolves that the de-listing is effective no later than on 31 May 2018. Nordax Bank AB (publ), a subsidiary of Nordax Group AB (publ) that has Senior Unsecured Floating Rate Notes admitted to trading on Nasdaq Stockholm, intends, however, to publish the interim report for the period 1 January – 31 March 2018 for Nordax Bank AB (publ) on 19 April 2018.

For further information, please contact:

Andreas Frid, Head of Media and Investor Relations, tel: +46 705 29 08 00

About Nordax

Nordax has a vision to become the leading niche bank in Northern Europe. Today we offer service to more than 150,000 customers in Sweden, Norway, Finland and Germany. We are a complement to the major banks and concentrate on a few products in which we are experts. We specialise in helping people make informed decisions for a life they can afford. Nordax employs about 200 people, all work­ing in its office in Stockholm. The underwriting process is Nordax’s core competency; it is thorough, sound and data driven. Nordax’s customers are financially stable individuals. The typical customer is 49 years old and has an income above the national average. As of Dece,ber 31, 2017 lending to the general public amounted to SEK 13.5 billion and deposits amounted to SEK 7.5 billion. Read more on www.nordaxgroup.com. For more information about Nordax’s customer offerings, read more on each country’s web site: www.nordax.se, www.nordax.no, www.nordax.fi and www.nordax.de.