Final results of the CACEIS offer for KAS BANK
October 8, 2019

CACEIS Bank and KAS BANK have today issued a joint statement informing the market that approximately 1.77 percent of KAS BANK shares have been tendered under the recommended offer during the post acceptance period. Including securities already held by CACEIS, the total amount of securities tendered under the offer represents 97.07 percent of the capital. The settlement and delivery of the securities tendered during the reopening period will take place on October 11 2019.

CACEIS will rapidly initiate squeeze-out proceedings in order to obtain 100 percent of the Securities of KAS BANK. KAS BANK and CACEIS have requested the delisting of KAS BANK shares on Euronext Amsterdam and it has been decided that the last trading day of the securities will be on November 4 2019.

Jean-François Abadie, Managing Director of CACEIS, stated: "We are delighted with this final result which confirms the success of our recommended offer. This transaction marks a new milestone for CACEIS and KAS BANK. All our clients will benefit from a comprehensive service offering from a strong European leader in asset servicing."





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CACEIS Bank and KAS BANK have today issued a joint statement informing the market that approximately 1.77 percent of KAS BANK shares have been tendered under the recommended offer during the post acceptance period. Including securities already held by CACEIS, the total amount of securities tendered under the offer represents 97.07 percent of the capital. The settlement and delivery of the securities tendered during the reopening period will take place on October 11 2019.

CACEIS will rapidly initiate squeeze-out proceedings in order to obtain 100 percent of the Securities of KAS BANK. KAS BANK and CACEIS have requested the delisting of KAS BANK shares on Euronext Amsterdam and it has been decided that the last trading day of the securities will be on November 4 2019.

Jean-François Abadie, Managing Director of CACEIS, stated: "We are delighted with this final result which confirms the success of our recommended offer. This transaction marks a new milestone for CACEIS and KAS BANK. All our clients will benefit from a comprehensive service offering from a strong European leader in asset servicing."



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