NLFI announces fourth trading plan to further reduce stake in ABN AMRO

Press release
Article tags:
  • Investor Relations
Jarco de Swart

Jarco de Swart

Sr Press Officer Corporate Affairs, Finance, Legal and Sustainability

Today, NLFI (stichting administratiekantoor beheer financiële instellingen), holder of the Dutch State’s stake in ABN AMRO, announced its intention to sell depositary receipts for shares in ABN AMRO through a pre-arranged trading plan.

NLFI has explained that the trading plan aims to reduce its stake in ABN AMRO from 30.5% to approximately 20%. The new trading plan is the fourth consecutive trading plan following three earlier sell-downs by way of accelerated book building since ABN AMRO’s IPO in November 2015.

The Dutch State has previously announced that it intends to gradually reduce its stake (through NLFI) in ABN AMRO over time.

More information on the trading plan can be found on NLFI’s website.

For more information on the Relationship Agreement between NLFI and ABN AMRO, please click here: Relationship Agreement.