The Dutch state plans to reduce its stake in ABN Amro from 20.7% to 10.5% through a new trading plan. The sale continues the government’s gradual exit from the bank and could eventually end its special information rights once the stake falls below 10%.
ABN Amro said on 7 October that the Dutch government plans to lower its ownership from 20.7% to 10.5%. The fifth trading programme will sell depositary receipts in the open MarketDefinition A market is an environment where buyers and sellers come together to exchange assets, goods, services, or financial instruments. Prices form as buyers and selle...Read More through NLFI. This is a planned disposal of an existing shareholder’s holding. Its announcement does not establish that the target has already been reached or provide evidence of a share-price reaction.
| Item | Value | Why it matters |
|---|---|---|
| F1 | CONFIRMED_FACT | A planned ownership reduction was announced. |

