July 10, 2014 / 6:17 AM / 3 years ago

BRIEF-ING Groep says over-allotment on NN Group IPO exercised

July 10 (Reuters) - Ing Groep Nv :

* Sale of 11.6 million additional shares, exercise of over-allotment option generates gross proceeds to ing of eur 231 million, and further reduces ing group’s ownership in nn group from 71.4% to 68.1%

* Total gross proceeds from nn group ipo including exchange of first tranche of subordinated notes into nn group shares and over-allotment option amount to eur 2.2 billion. Source text for Eikon: Further company coverage:

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