Edition:
United Kingdom

NN Group NV (NN.AS)

NN.AS on Amsterdam Stock Exchange

37.97EUR
19 Sep 2018
Change (% chg)

€0.44 (+1.17%)
Prev Close
€37.53
Open
€37.65
Day's High
€38.05
Day's Low
€37.55
Volume
861,821
Avg. Vol
904,446
52-wk High
€39.90
52-wk Low
€33.78

Latest Key Developments (Source: Significant Developments)

NN Group Announces Stock Fraction For 2018 Interim Dividend And Repurchase Of Shares To Neutralise Stock Dividend
Monday, 3 Sep 2018 

Sept 3 (Reuters) - NN GROUP NV ::ANNOUNCES STOCK FRACTION FOR 2018 INTERIM DIVIDEND AND REPURCHASE OF SHARES TO NEUTRALISE STOCK DIVIDEND.SHAREHOLDERS WHO CHOSE TO RECEIVE INTERIM DIVIDEND IN SHARES TO RECEIVE ONE ORDINARY SHARE FOR EVERY 56.21 ORDINARY SHARES HELD.ANY REMAINING STOCK FRACTIONS WILL BE PAID IN CASH.STOCK AND CASH DIVIDEND ARE APPROXIMATELY EQUAL IN VALUE.FOR SHAREHOLDERS THAT HAVE NOT MADE A CHOICE DURING ELECTION PERIOD, DIVIDEND WILL BE PAID IN CASH.  Full Article

Reg-NN Group Reports 2Q18 Results, Q2 Net Result At EUR 463 Million
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - NN Group NV ::REG-NN GROUP REPORTS 2Q18 RESULTS.Q2 SOLVENCY II RATIO AT 226%.Q2 OPERATING RESULT ONGOING BUSINESS EUR 508 MILLION, UP 25.6% FROM 2Q17.SAYS Q2 NET RESULT EUR 463 MILLION, UP 92.7% FROM 2Q17, REFLECTING HIGHER OPERATING RESULT.Q2 NET RESULT EUR 463 MILLION, UP 92.7% FROM 2Q17.2018 INTERIM DIVIDEND OF EUR 0.66 PER ORDINARY SHARE.Q2 TOTAL NEW SALES (APE) OF EUR 357 MILLION, DOWN 7.5% FROM 2Q17 AT CONSTANT CURRENCIES.Q2 GROSS PREMIUM INCOME EUR 2.95 BILLION VERSUS EUR 2.95 BILLION YEAR AGO.Q2 NEW SALES LIFE INSURANCE (APE) EUR 357 MILLION VERSUS EUR 400 MILLION YEAR AGO.WE ARE WELL ON OUR WAY TO ACHIEVING OUR COST REDUCTION TARGET OF EUR 400 MILLION BY END OF 2020.SAYS WE HAVE REACHED AN AGREEMENT TO ACQUIRE AEGON'S LIFE INSURANCE BUSINESS IN CZECH REPUBLIC AND ITS LIFE INSURANCE AND PENSION BUSINESSES IN SLOVAKIA.REUTERS POLL: Q2 OPERATING RESULT ONGOING BUSINESS EUR 428 MILLION.REUTERS POLL: Q2 NET INCOME EUR 313 MILLION; END-Q2 SOLVENCY II RATIO 221 PERCENT.SAYS TO SUCCESSFULLY INTEGRATE DELTA LLOYD, FURTHER IMPROVE PERFORMANCE, ACCELERATE TRANSFORMATION OF BUSINESS MODEL, AND CONTINUE TO ALLOCATE CAPITAL RATIONALLY.  Full Article

Aegon To Sell Businesses In Czech Republic And Slovakia to NN Group
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - AEGON NV ::AEGON TO DIVEST ITS BUSINESSES IN CZECH REPUBLIC AND SLOVAKIA.TO SELL ITS BUSINESSES IN CZECH REPUBLIC AND SLOVAKIA FOR EUR 155 MILLION TO NN GROUP..  Full Article

NN Group To Sell Dutch Residential Real Estate Portfolio To Vesteda
Friday, 22 Jun 2018 

June 22 (Reuters) - NN GROUP NV ::NN GROUP TO SELL DUTCH RESIDENTIAL REAL ESTATE PORTFOLIO TO VESTEDA.AGREEMENT REGARDING SALE OF A DUTCH RESIDENTIAL REAL ESTATE PORTFOLIO OF 6,777 UNITS FOR TOTAL CONSIDERATION OF APPROXIMATELY EUR 1.5 BILLION.COMPLETION OF TRANSACTION IS EXPECTED BEFORE END OF JUNE 2018.PURCHASE PRICE WILL BE PAID APPROXIMATELY 75% IN PARTICIPATION RIGHTS IN THE VESTEDA FUND AND 25% IN CASH.SAYS VESTEDA ACQUIRES A PORTFOLIO THAT CONSISTS OF 5,983 EXISTING RESIDENTIAL UNITS AND 794 UNITS IN DEVELOPMENT PROJECTS.AS RESULT OF TRANSACTION CAPITAL GAIN OF APPROX EUR 80 MILLION WILL BE RECOGNISED AS NON-OPERATING ITEM IN Q2.VESTEDA TRANSACTION WILL NOT HAVE A MATERIAL IMPACT ON CAPITAL POSITION AND OPERATING RESULT OF NN GROUP.TRANSACTION WILL NOT HAVE A MATERIAL IMPACT ON CAPITAL POSITION AND OPERATING RESULT OF NN GROUP.  Full Article

NN Group Announces Stock Fraction For 2017 Final Dividend And Repurchase Of Shares To Neutralise Stock Dividend
Monday, 18 Jun 2018 

June 18 (Reuters) - NN Group NV ::REG-NN GROUP ANNOUNCES STOCK FRACTION FOR 2017 FINAL DIVIDEND AND REPURCHASE OF SHARES TO NEUTRALISE STOCK DIVIDEND.SHAREHOLDERS WHO ELECTED TO RECEIVE FINAL DIVIDEND IN SHARES WILL RECEIVE ONE NN GROUP N.V. ORDINARY SHARE FOR EVERY 35.03 ORDINARY SHARES HELD.  Full Article

NN Group ‍Announces Cost Reduction Target Of Approximately 350 Million Euros By 2020​
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - NN GROUP NV ::‍COST REDUCTION TARGET OF APPROXIMATELY EUR 350 MILLION BY 2020​.‍TARGET ANNUAL OPERATING RESULT BEFORE TAX OF ONGOING BUSINESS GROWTH RATE ON AVERAGE OF 5-7% IN MEDIUM TERM​.‍EXPECT OVER TIME TO GENERATE FREE CASH FLOW IN A RANGE AROUND NET OPERATING RESULT OF ONGOING BUSINESS​.‍CAPITAL FRAMEWORK AND DIVIDEND POLICY REMAIN UNCHANGED​.‍INTEGRATION OF DELTA LLOYD TO BE COMPLETED BY 2020, WITH LEGAL MERGERS COMPLETED BY 2019​.EXPECT OVER TIME TO GENERATE FREE CASH FLOW IN A RANGE AROUND THE NET OPERATING RESULT OF THE ONGOING BUSINESS‍​.SEES ‍ADMINISTRATIVE EXPENSE BASE FOR UNITS IN SCOPE OF INTEGRATION TO EUR 1,675 MILLION BY END OF 2020​.‍DELTA LLOYD TRANSACTION SHOULD BE LARGELY COMPLETE BY END OF 2018​.  Full Article

NN Group Q3 operating result ongoing business beats Reuters poll
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - NN GROUP NV ::Q3 OPERATING RESULT ONGOING BUSINESS INCREASED TO EUR 431 MILLION FROM EUR 319 MILLION IN 3Q16‍​.Q3 NET RESULT OF EUR 734 MILLION VERSUS EUR 436 MILLION IN 3Q16.Q3 SOLVENCY II RATIO OF NN GROUP INCREASED TO 204% FROM 196% AT 2Q17.Q3 REUTERS POLL: OPERATING RESULT EUR 394 MILLION; NET RESULT EUR 328 MILLION; SOLVENCY RATIO 202 PCT‍​.  Full Article

NN Group prices a dual-tranche senior notes offering at 900 mln euros
Wednesday, 24 May 2017 

May 24 (Reuters) - NN GROUP NV ::TODAY ANNOUNCES THAT IT HAS PRICED TWO SENIOR UNSECURED NOTES WITH A TOTAL ISSUE SIZE OF EUR 900 MILLION.EUR 300 MILLION SENIOR NOTES WITH A FIXED COUPON AT 0.25% PER ANNUM AND A MATURITY OF 3 YEARS.EUR 600 MILLION SENIOR NOTES WITH A FIXED COUPON AT 1.625% PER ANNUM AND A MATURITY OF 10 YEARS.NET PROCEEDS OF NOTES WILL BE APPLIED BY NN GROUP TO REPAY EUR 900 MILLION BRIDGE LOAN USED TO FINANCE ACQUISITION OF DELTA LLOYD.  Full Article

Delta Lloyd rejects NN Group's takeover proposal
Friday, 7 Oct 2016 

Delta Lloyd Nv : Delta lloyd rejects nn group's takeover proposal . Boards believe that Delta Lloyd is a strong business with a compelling strategy and a clear path to value creation on which it is showing good progress . Says proposal substantially undervalues Delta Lloyd, its prospects and its strategic opportunities .Proposal fails to reflect an appropriate share of benefits of Dutch consolidation.  Full Article

Delta Lloyd planning to reject takeover approach from NN Group- Bloomberg
Thursday, 6 Oct 2016 

:Dutch Insurer Delta Lloyd NV planning to reject unsolicited takeover approach from NN Group NV - Bloomberg, citing sources.  Full Article

UPDATE 1-JPMorgan picked to run sale of Anbang' Dutch insurer Vivat - sources

HONG KONG/AMSTERDAM, Sept 5 China's Anbang Insurance Group has picked JPMorgan to manage the 1.4-1.8 billion euro ($1.6-$2 billion) sale of its Dutch insurance arm Vivat, two people familiar with the matter told Reuters.