NLFI announces fifth trading plan to further reduce stake in ABN AMRO
Germany, Oct. 7 -- NLFI (stichting administratiekantoor beheer financiele instellingen), the depositary receipt holder of the Dutch State's stake in ABN AMRO, announced its intention to sell depositary receipts in ABN AMRO through a trading plan.NLFI has explained that the trading plan aims to reduce its stake in ABN AMRO from 20,7% to 10,5%. At some point during the execution of the trading plan, NLFI's stake in ABN AMRO may fall below 15% of the total issued share capital. The Relationship Agreement between NLFI and ABN AMRO provides that, if NLFI's stake falls below 15%, new arrangements regarding NLFI's information rights will be agreed upon in good faith.NLFI and ABN AMRO have agreed that NLFI will retain its current information rights...
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