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2014-04-28 08:30:00 CEST 2014-04-28 08:30:45 CEST REGULATED INFORMATION Sampo - Company AnnouncementCooperation procedure to begin in If P&C Insurance CompanySAMPO PLC STOCK EXCHANGE RELEASE 28 April 2014 at 9.30 am Cooperation procedure to begin in If P&C Insurance Company If P&C Insurance Company Ltd (Finland), a company belonging to Sampo Group, will begin cooperation procedure on 5 May 2014 involving approximately 230 staff members at claims services, marketing and IT departments of If P&C Insurance Company. Preliminary estimate for the staff decrease is a maximum of 37 people. The cooperation procedure will begin because of a decrease in claims volumes and improvement needs in efficiency, among other things. The aim is to avoid dismissals. The number of employees in If P&C Insurance Company was approximately 1,800 on 31 December 2013. The Nordic If P&C Insurance Group employed a total of 6,200 people at the year-end. SAMPO PLC Jarmo Salonen Head of Investor Relations and Group Communications tel. +358 10 516 0030 For further information, please contact: Marketta Helokunnas Head of HR Operations, If Finland tel. +358 10 514 1818 Distribution: NASDAQ OMX Helsinki The principal media Financial Supervisory Authority www.sampo.com [HUG#1780311] |
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