BinckBank announces a ¤385 million 3 for 2 rights issue of 46,256,105
new shares at an issue price of ¤8.32 per new share
- ¤385 million equity issue to finance the acquisition of Alex
- Issue price of ¤8.32 per new share
- Issue price represents a discount of approximately 24% to the
theoretical ex-rights price
- Grant of 1 right per ordinary share
- 2 rights entitle to 3 new shares
- Rights issue fully underwritten by Fortis and ING
- Record date: 27 November 2007
- Subscription period from 28 November 2007 to 10 December 2007
- Rump placement: 11 December 2007
- Listing and trading: 14 December 2007