Lollands Bank A/S (CPSE:LOLB) agreed to acquire Vordingborg Bank A/S (CPSE:VORD) on August 14, 2013. The transaction has been approved by the 2/3 shareholders of Vordingborg Bank in the Extraordinary general meeting where 63.84% shareholders voted. Lollands Bank will be the continuing entity. The next meeting is scheduled for December 19, 2013. The deal is subject to due diligence and Finanstilsynet's approval.

As of December 20, 2013, the transaction has been approved by Finanstilsynet.

Lollands Bank A/S (CPSE:LOLB) completed the acquisition of Vordingborg Bank A/S (CPSE:VORD) on December 20, 2013. As a consequence of the merger, Vordingborg Bank will be delisted from trading and official listing on NASDAQ OMX Copenhagen from January 2, 2014.