MCS update
Press release
Article tags:
- Products and services
ABN AMRO has taken notice that the EUR 2 billion Mandatory Convertible Securities (MCS) has converted into ordinary shares of ageas S.A./N.V. and ageas N.V. (Ageas) in accordance with the Terms & Conditions of the prospectus.
In connection herewith, Ageas claims to be entitled to receive EUR 2 billion of ABN AMRO ordinary shares.
ABN AMRO has been given formal notice that the Dutch State - which disputes this claim of Ageas - has seized the aforementioned claim. This (third party) seizure will not have any effect on the ABN AMRO capital position nor the activities of ABN AMRO.
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