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CACEIS & KAS BANK

On September 27 the acquisition of KAS BANK by CACEIS was official. On this page you will find all articles we published about this acquisition.

Final results of the Offer for KAS BANK: CACEIS will hold 97,07% of the issued and outstanding Securities
On the 7th of October we published that during the Post Acceptance Period, that expired at 17:40 (CET) today, 261,198 Securities have been tendered under the Offer, representing approximately 1.77% of the aggregate issued and outstanding share capital of KAS BANK on a fully diluted basis. Including the 14,088,162 Securities already held by CACEIS following Settlement, this is a total of 14,349,360 Securities, representing approximately 97.07% of the aggregate issued and outstanding share capital of KAS BANK on a fully diluted basis.that after the Post Acceptance Period a total of 97.07%. Delisting will be effective on 5 November 2019.

Final results of the Offer for KAS BANK: CACEIS will hold 97,07% of the issued and outstanding Securities

95.30% of KAS BANK Securities committed - CACEIS declares Offer for KAS BANK unconditional
September 23rd we announced that approximately 95.30% of all issued and outstanding Securities, i.e. excluding any Treasury Securities, have been tendered in the Offer. All Offer Conditions have been satisfied or waived. CACEIS declares the Offer unconditional

95.30% of KAS BANK Securities committed - CACEIS declares Offer for KAS BANK unconditional

KAS BANK to strengthen Managing Board with COO after acquisition by CACEIS
The Supervisory Board of KAS BANK N.V. announced on September 23 that it intends to appoint Mr. C. (Christophe) Pierron (1966), currently Deputy Managing Director at CACEIS, Luxembourg branch, as member of the Managing Board and Chief Operating Officer (COO) of KAS BANK.

KAS BANK to strengthen Managing Board with COO after acquisition by CACEIS

All Regulatory Approvals for CACEIS and KAS BANK obtained to close the Offer
KAS BANK and CACEIS announced on September 17 that all Regulatory Approvals required to close the Offer have been obtained. With this, an important milestone of the transaction process has been achieved.

All Regulatory Approvals for CACEIS and KAS BANK obtained to close the Offer

Offer Memorandum for shareholders
With the publication of the offer memorandum, CACEIS and KAS BANK jointly announce that CACEIS is making a public offer for all KAS BANK shares at a price of EUR 12,75 (cum dividend). As from July 29, KAS BANK shareholders can offer their shares under the offer.

Offer Memorandum for shareholders

Launch of recommended public offer in cash by CACEIS for all securities in KAS BANK
On July 26th, 2019 we published a press release about the launch of the recommended public offer by CACEIS on all securities of KAS BANK at an Offer of EUR 12,75 (cum dividend). Read the full press release here.

Launch of recommended public offer in cash by CACEIS for all securities in KAS BANK

Update on intended public offer by CACEIS on KAS BANK
On March 25th, 2019 we released an update about the process of the intended takeover. 

Update on intended public offer in cash by CACEIS for all securities in KAS BANK

KAS BANK and CACEIS agree on recommended public offer for all securities KAS BANK
On February 25th, 2019 we published a press release about the recommended public offer by CACEIS on KAS BANK. The article includes the highlights of the intended offer, as well as the aimed benefits of the takeover. 

KAS BANK and CACEIS agree on a recommended public offer in cash for all securities in KAS BANK

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Remko Dieker

More information?

Remko Dieker

Secretary to the Managing Board / Investor Relations
+31 (0)20 557 51 80