Credit Agricole SA Sells 5.2% of Bankinter's Share Capital

Credit Agricole SA announced that it has completed the sale of part of its holding in Bankinter's share capital, representing approximately 5.2% of the share capital and 29,300,000 shares. This disposal took the form of a private placement to institutional investors through an accelerated book-building process. The selling price was set at EUR 3.95 per Bankinter share. The gross proceeds from this transaction amount to EUR 116 million, resulting in a net capital gain of EUR 32 million. Following this offer, Credit Agricole SA will hold approximately 9.9% of Bankinter's share capital corresponding to 55,846,775 shares. Credit Agricole SA has agreed to a lock-up of its residual holding with the banks in charge of the placement for a period of 180 calendar days, subject to certain exceptions. The offer is managed by Credit Agricole Corporate and Investment Bank acting as sole Global coordinator and Joint bookrunner, and Citi acting as Joint bookrunner.