Tryg A/S
Tryg has received notice of an action concerning pension obligations in Norway
Tryg A/S / Miscellaneous 19-May-2016 / 10:32 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Pursuant to the governing Norwegian law on disputes, Tryg Forsikring A/S has received notice of an action from Finansforbundet in Norway (the Finance Sector Union of Norway) on behalf of a group of pensioners. The action concerns the adjustment in the pension schemes of Norwegian employees made in 2014. Finansforbundet has not yet quantified the claim, but according to Tryg's preliminary calculations, the claim will not exceed a maximum of approximately DKK 0.3bn after tax for the persons affected by the adjustment. Tryg does not agree that the adjustment was wrongful. Consequently, Tryg expects an action to be resolved in court and does not expect a ruling to be made for the next 1.5 - 2 years. In Q1 2016, Tryg's solvency ratio was 212. A possible loss of DKK 0.3bn would result in a solvency ratio of 206. Click on, or paste the following link into your web browser, to view the associated documents https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=572381 News Source: NASDAQ OMX --------------------------------------------------------------------------- 19-May-2016 The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg --------------------------------------------------------------------------- Language: English Company: Tryg A/S . . . Denmark Phone: . Fax: . E-mail: . Internet: . ISIN: DK0060013274 Category Code: MSC TIDM: 0GBV Sequence Number: 3168 Time of Receipt: 19-May-2016 / 10:32 CET/CEST End of Announcement EQS News Service
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