31 December 2016
Danish insurance company Topdanmark is Sampo plc's associated company. In May 2011 Sampo Group’s holding in Topdanmark exceeded 20 per cent and it started to be accounted for as an associated company. On 7 September 2016 Sampo’s ownership in Topdanmark exceeded one third of all shares, which obliged Sampo to make a mandatory public offer to the other shareholders of Topdanmark to acquire all outstanding shares. The offer period expired on 25 October 2016. At the beginning of February 2017, Sampo held 39,579,226 Topdanmark shares, corresponding to 45.7 per cent of all votes. In Sampo Group’s segment reporting Topdanmark holding is included in the P&C insurance segment.