OPTIVA PANK

ANNOUNCEMENT



ACQUISITION OF EFM OPTIVA VARAHALDUS



Optiva Pank became the sole owner of asset management company EFM 

Optiva Varahaldus after buying 50% of EFM’s shares from Austrian 

asset management company East Fund Management. The agreement was 

undersigned on 18.12.2000, and the ownership of shares was transferred 

today, on 29.12.2000.



The company’s new name will be Sampo Varahaldus (Sampo Asset 

Management). Currently Sampo Varahaldus offers possibilities to 

invest in two different funds: EFM Optiva Rahaturufond (EFM Optiva 

Money Market Fund) and EFM Optiva Kasvufond (EFM Optiva Growth Fund). 

In the first half of the next year Sampo Pensionifond (Sampo Pension 

Fund) and Sampo Võlakirjafond (Sampo Bond Fund) will be established. 

In addition to its own funds Sampo Varahaldus will also begin to sell 

publicly several Sampo-Leonia’s retail investor directed funds. The 

assets of Sampo-Leonia’s 35 investment funds will be managed by Sampo 

Leonia Asset Management, which today manages assets in total value 

of EUR 8.5 billion.



Sampo-Leonia Group bought full holding in EFM Optiva Varahaldus with 

an aim to participate in asset management business as highly 

perspective and rapidly growing business area without other parties.





Additional information:

Priit Perens

CFO

Optiva Pank

+372 63 02 106





Ruth Laidvee

Market Communications Director

+372 63 02 105