NN Group: legal merger with Delta Lloyd effective tomorrow.

(CercleFinance.com) - NN Group and Delta Lloyd said on Wednesday that their legal merger will become effective tomorrow, with Delta Lloyd ceasing to exist.


As a result, today will be the last trading day for Delta Lloyd shares.

As a reminder, the owner of Delta Lloyd's shares are due to receive 0.1662 NN Group share, being equal to the offer price of 5.40 euros per share divided by yesterday's NN Group volume-weighted average stock price.

On 31 May, 30.5 million Delta Lloyd shares were still not directly or indirectly held by NN Group.

Delta Lloyd's annual general meeting, scheduled for 7 June, has therefore been cancelled.

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