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Pin to quick picksNova Ljublj. S Regulatory News (NLB)

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NLB and KBC have completed the sale of NLB Vita

29 May 2020 16:31

RNS Number : 4078O
Nova Ljubljanska Banka d.d.
29 May 2020
 

Date: 29 May, 2020

 

 

NLB and KBC have completed the sale of NLB Vita

 

Pursuant to the rules of the Stock Exchanges and the Market in Financial Instruments Act, NLB d.d., Trg republike 2, Ljubljana, makes the following announcement:

 

On 29 May 2020, having met all the suspensive conditions under the sales agreement of 27 December 2019, NLB d.d. sold its 50% stake in the share capital of NLB Vita d.d. within a joint sale process with KBC.

 

The long-term bancassurance partnership between NLB Vita and NLB d.d. will continue to develop, as the bank remains the primary sales channel.

 

 

Investor Relations

NLB d.d., Ljubljana

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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