Dutch State to sell depositary receipts in ABN AMRO Group. These Depositary Receipts represent approximately up to 7% of the share capital of ABN AMRO Group.
Dutch State to sell depositary receipts in ABN AMRO Group
Stichting administratiekantoor beheer financiële instellingen (NL Financial Investments, "NLFI"), on behalf of the Dutch state, today announced the intention to sell up to 65 million of depositary receipts ("Depositary Receipts") representing ordinary shares in ABN AMRO Group N.V. ("ABN AMRO Group"). These Depositary Receipts represent approximately up to 7% of the share capital of ABN AMRO Group.
NLFI will offer the Depositary Receipts by way of an accelerated book building offering to qualified investors (the "Offering").
Following the settlement of the Offering, the stake of NLFI will decrease from 70% to 63%. 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 held by NLFI will be subject to a lock-up period of 60 calendar days following the settlement of the Offering. This lock-up may be waived by the joint bookrunners at their sole discretion.
ABN AMRO Press Office ABN AMRO Investor Relations Jeroen van Maarschalkerweerd Dies Donker Press Officer, Press & PR Head of Investor Relations email@example.com firstname.lastname@example.org 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 to sell depositary receipts in ABN AMRO Group: http://hugin.info/172722/R/2116050/805269.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