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6 months ago
BRIEF-Asr Nederland repurchases 3,000,000 of its shares
January 13, 2017 / 6:26 AM / 6 months ago

BRIEF-Asr Nederland repurchases 3,000,000 of its shares

1 Min Read

Jan 13 (Reuters) - Asr Nederland NV :

* Repurchases 3,000,000 of its shares

* NLFI (NL financial investments), which is acting on behalf of Dutch State, sold 20,400,000 shares in co at price of 22.15 euros ($23.53) per share

* Will not receive any proceeds of sale

* Transaction means that NLFI's interest in co will decrease from 63.7 pct to 50.1 pct of the total outstanding share capital

* NLFI has agreed with joint bookrunners, that remaining shares in co held by NLFI will be subject to lock-up period of 90 calendar days after settlement of transaction Source text: bit.ly/2j6WjYy Further company coverage: ($1 = 0.9415 euros) (Gdynia Newsroom)

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