06.03.2024 04:06:13 - dpa-AFX: ANZ To Sell 16.5% Interest In Malaysian Lender AmBank

CANBERA (dpa-AFX) - ANZ Group Holdings Limited (ANZ.AX) said it agreed to
sell 16.5% of the issued capital in AMMB Holdings Bhd or AmBank via a block
trade at a price of MYR3.85 per share. The sale will reduce ANZ's shareholding
in AmBank from 21.7% to 5.2%.

After the sale, ANZ will retain one nominated director on the AmBank Board.

The sale proceeds will increase ANZ's CET1 ratio by about 16bps and are not
expected to have a material impact on profit. Settlement is anticipated to occur
on 8 March 2024.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ANZ GROUP HLDGS LTD. O.N A3D4V6 Frankfurt 17,278 04.06.24 09:59:01 -0,022 -0,13% 0,000 0,000 17,268 17,278

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