UTRECHT, 2-9-2015 — /EuropaWire/ — SNS REAAL NV announces that an agreement has been reached on the sale of the shares in SNS Bank NV to the Dutch State for the sum of € 2.7 billion. The envisaged date of transfer is 30 September 2015, on approval of the House of Representatives. On 28 August 2015, the Dutch Minister of Finance sent a letter to the House of Representatives giving further information on this transaction. The contents of this letter can be found online at: www.minfin.nl. After the transfer of shares to the Dutch State, SNS REAAL NV will provide information on the future and governance of SNS REAAL NV.
ABOUT SNS REAAL
SNS Bank NV, a subsidiary of SNS REAAL NV, is an innovative services provider in the banking sector with a prime focus on the Dutch retail market, including small and medium-sized enterprises. As of 1 February 2013, the Dutch State is sole shareholder of SNS REAAL. The Dutch State subsequently transferred the shares to NL Financial Investments (NLFI) on 31 December 2013.
This press release contains only factual information and should not be regarded as an opinion or recommendation concerning the purchase of securities issued by SNS REAAL NV. This press release does not contain any value judgement or predictions with respect to the financial performance of SNS REA
AL NV. If you do not want to receive any press releases from SNS REAAL NV, please send an email to firstname.lastname@example.org.
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+31 (0)30 291 42 46
+31 (0)30 291 42 47