HELSINKI – Sampo Oyj has reported a regulatory filing of transactions by its CEO, Torbjörn Magnusson, on Thursday. The notification, in accordance with Article 19 of the Market Abuse Regulation, details the sale of company shares on the NASDAQ HELSINKI LTD (XHEL) and NASDAQ COPENHAGEN A/S (XCSE).
The transactions occurred on Thursday, involving the disposal of Sampo Oyj shares. On the NASDAQ HELSINKI LTD, Magnusson sold a total of 12,000 shares at an average price of €40.5092. In a separate transaction on the same day, he sold 625 shares on NASDAQ COPENHAGEN A/S at an average price of 302.08 DKK.
The combined transactions resulted in the sale of 12,625 shares of Sampo Oyj. The company’s announcement did not disclose the reason for the CEO’s sale of shares.
Sampo Oyj is a leading financial services group in the Nordic region, with a focus on insurance and banking. It is known for its ownership in Nordea, one of the largest banks in the Nordics, and its insurance subsidiaries, If P&C Insurance and Mandatum Life.
The disclosure of these transactions is a routine regulatory requirement, intended to ensure transparency in the market and provide investors with relevant information about the trading activities of key executives.
Sampo Oyj has communicated this information to the relevant financial supervisory authorities and has made it available to the public through major news outlets and their corporate website. This disclosure is based on a press release statement from the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
