Dutch State reduces stake in ABN AMRO Group to 63%

Press release -

ABN AMRO head office entrance

Stichting administratiekantoor beheer financiĆ«le Instellingen (NL Financial Investments, “NLFI”), on behalf of the Dutch state, has 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 22,75 per Depositary Receipt. ABN AMRO will not receive any of the transaction proceeds.

Following the settlement of the transaction, 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 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.

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