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KPN Group Belgium nv/sa Neerveldstraat 105 1200 Brussel, Belgium http://www.kpngroup.be
Contact Mr Wim Allegaert +32 2 429 40 51
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KPN Group Belgium nv/sa

KBC announces the proposed sale of its treasury shares as part of the strategic plan agreed with the European Commission

(PresseBox) (Brussel, )
KBC has announced the proposed sale of its treasury shares currently held on its balance sheet and representing 5,1% of its total share count of 358 million shares via an institutional private placement by way of an accelerated bookbuilding limited to institutional investors. The results of the private placement will be announced as soon as possible.

KBC's strategic plan, as approved by the European Commission in November 2009, included the sale, within an agreed timeframe, of 18.2 million treasury shares held by KBC on its balance sheet

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.