Dutch State reduces stake in ABN AMRO Group to 56%
(Thomson Reuters ONE) -
Dutch State reduces stake in ABN AMRO Group to 56%
Stichting administratiekantoor beheer financiële instellingen (NL Financial
Investments, "NLFI"), on behalf of the Dutch state, agreed to sell 65 million
depositary receipts ("Depositary Receipts") representing ordinary shares in ABN
AMRO Group N.V. ("ABN AMRO Group") for a price of EUR 23.50 per Depositary
Receipt. ABN AMRO will not receive any of the transaction proceeds.
Following the settlement of the transaction, the stake of NLFI decreases from
63% to 56%. NLFI has previously announced that it intends to divest its
remaining stake in ABN AMRO Group over time.
Furthermore, NLFI has agreed with the joint bookrunners that the remaining
shares in ABN AMRO Group held by NLFI will be subject to a lock-up period of 60
calendar days following the settlement of the transaction. This lock-up may be
waived by the joint bookrunners at their sole discretion.
Following settlement of the transaction, Stichting Administratiekantoor
Continuïteit ABN AMRO Group (the "ABN AMRO Trust Office") holds 44% of the
ordinary shares in ABN AMRO Group.
ABN AMRO Press Office ABN AMRO Investor Relations
Jeroen van Maarschalkerweerd Dies Donker
Senior Press Officer, Press & PR Head of Investor Relations
pressrelations(at)nl.abnamro.com
investorrelations(at)nl.abnamro.com
+31 20 6288900 +31 20 6282282
This press release is published by ABN AMRO Group N.V. and contains inside
information within the meaning of article 7 (1) to (4) of Regulation (EU) No
596/2014 (Market Abuse Regulation)
This document does not constitute, or form part of, an offer to sell, or a
solicitation of an offer to purchase, any securities ( the "Securities") of ABN
AMRO Group N.V. (the "Company") in the United States. The Securities of the
Company have not been and will not be registered under the U.S. Securities Act
of 1933 (the "Securities Act") and may not be offered or sold within the United
States absent registration or an applicable exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act.
Dutch State reduces stake in ABN AMRO Group to 56%:
http://hugin.info/172722/R/2134308/816562.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ABN AMRO via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 15.09.2017 - 08:02 Uhr
Sprache: Deutsch
News-ID 560068
Anzahl Zeichen: 2970
contact information:
Town:
Amsterdam
Kategorie:
Business News
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"Dutch State reduces stake in ABN AMRO Group to 56%"
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