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BRIEF-Bookrunner says NLFI to sell remaining 30.15 million shares in ASR Nederland N.V.
September 13, 2017 / 5:19 PM / 7 days ago

BRIEF-Bookrunner says NLFI to sell remaining 30.15 million shares in ASR Nederland N.V.

Sept 13 (Reuters) - Bookrunner:

* BOOKRUNNER SAYS NLFI ANNOUNCES INTENTION TO SELL REMAINING 30.15 MILLION ORDINARY SHARES IN ASR NEDERLAND N.V.

* BOOKRUNNER SAYS STAKE REPRESENTS APPROXIMATELY 20.5% OF A.S.R.’S OUTSTANDING SHARE CAPITAL.

* BOOKRUNNER SAYS SHARES WILL BE SOLD BY WAY OF AN ACCELERATED BOOKBUILDING OFFERING TO QUALIFIED INVESTORS

* BOOKRUNNER SAYS FOLLOWING SUCCESSFUL COMPLETION OF THE TRANSACTION, NLFI WILL HAVE FULLY DIVESTED ITS STAKE IN A.S.R.

* BOOKRUNNER SAYS SALE OF NLFI‘S 20.5% STAKE IN A.S.R. COMPLETES NLFI‘S DIVESTMENT OF A.S.R.

* BOOKRUNNER SAYS A.S.R. WILL NOT RECEIVE ANY PROCEEDS FROM THE OFFERING

* BOOKRUNNER SAYS BOOK WILL OPEN WITH IMMEDIATE EFFECT AND IS EXPECTED TO CLOSE BY 9:00 CET ON 14 SEPTEMBER 2017

* BOOKRUNNER SAYS TRANSACTION IS EXPECTED TO SETTLE ON 18 SEPTEMBER 2017 Further company coverage: (Bengaluru Newsroom)

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