ING Groep N.V.
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Publicatie datum
13 jul 2016 - 08:33
Statutaire naam
ING Groep N.V.
Titel
ING sets date for converting depositary receipts into ordinary shares
Bericht
ING announced today that the conversion of ING Groep N.V. depositary receipts for shares into ING Groep N.V. ordinary shares will take place on 26 July 2016. On that date investors will automatically receive one share in exchange for each depositary receipt that they own, free of charge. ING announced its proposal to abolish the depositary receipts structure on 10 March 2016. The conversion is the final step in abolishing the existing depositary receipt structure, following the majority vote in favour of agenda item 5A at ING's annual General Meeting (AGM) on 25 April 2016. The related changes to the Articles of Association - including the reduction of the nominal value of the shares from EUR 0.24 to EUR 0.01 - as adopted by the AGM will also be implemented on 26 July 2016.
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