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Aviva plc Announces Intention To Sell Part Of Its Shareholding In Delta Lloyd
Aviva plc (Aviva) announced that it intends to sell part of its shareholding in Delta Lloyd NV (Delta Lloyd). The partial disposal of these shares will be through a private placement to qualified institutional investors (the Offering). The Offering is expected to comprise up to 25 million Delta Lloyd ordinary shares, subject to investor demand, equivalent to up to 14% of Delta Lloyd's issued ordinary share capital (including treasury shares) and up to 14% of Delta Lloyd's voting rights. The offer price will be determined by means of an accelerated book built offering process which is to start immediately.
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