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KBC Group : KBC completes the sale of its remaining 22% stake in NLB (Republic of Slovenia)
(Thomson Reuters ONE via COMTEX) --
Press Release
outside trading hours - regulated information*
Brussels, 12 March 2013
Yesterday, KBC Group finalized the transaction announced on 28 December 2012, whereby KBC sold its remaining 22% stake in NLB to the Republic of Slovenia for a total consideration of EUR 2,765,282, which represents EUR 1 per share. KBC is now no longer a shareholder of NLB, complying with the request of the European Commission to divest from NLB.
This transaction gave rise to a negative impact on KBC's earnings of EUR -0.1 billion which was already reflected in KBC's 4Q2012 results, whilst the impact on KBC's capital is negligible.
For further information, please contact:
Wim Allegaert, General Manager, Investor Relations, KBC Group
Tel +32 2 429 40 51 E-mail wim.allegaert@kbc.be
Viviane Huybrecht, General Manager, Group Communications/Spokesperson, KBC Group
Tel +32 2 429 85 45 E-mail pressofficekbc@kbc.be
*This news item contains information that is subject to the transparency regulations for listed companies.
KBC press releases are available at www.kbc.com or can be obtained by sending an e-mail to pressofficekbc@kbc.be
KBC Group NV, Havenlaan 2 - 1080 Brussel
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: KBC Groep via Thomson Reuters ONE
HUG#1684574
NLB_closing_EN.pdf - http://hugin.info/133947/R/1684574/551635.pdf
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