Interest Minefa Holdings B.V. in KAS BANK below 5%

Minefa Holdings B.V. has reduced it's interest in KAS BANK to 2,7%. This has been reported today to KAS BANK and to the Netherlands Authority for the Financial Markets (AFM) within the scope of the Notification of Control in Listed Organisations. Minefa had reported in August that it had acquired an interest in KAS BANK of 5,2%.

Minefa Holdings is an international investment company which forms part of the Wedge Group. Wedge and Minefa are managed by I.M. Fares, former vice-premier of Lebanon and international investor.