The transaction concerns an offering by NLFI, on behalf of the Dutch State, of up to 60,000,000 ordinary shares (including over-allotment shares) with an offer price of EUR 19.50 per share in the share capital of ASR and the admission to listing and trading of the shares on Euronext Amsterdam.

The shares were offered to institutional and retail investors in the Netherlands and via a private placement to certain (qualified) institutional investors internationally.

ABN AMRO Bank N.V., Citigroup Global Markets Limited and Deutsche Bank AG, London Branch, acted as Joint Global Coordinators and formed the group of Underwriters together with Barclays Bank PLC, Coöperatieve Rabobank U.A. (Rabobank), HSBC Bank plc, ING Bank N.V. and Joh. Berenberg, Gossler & Co. KG.

ASR is a leading Dutch insurance company with a comprehensive product offering for its customers. ASR is the fourth largest composite insurer in the Netherlands.

NautaDutilh's deal captains were Petra Zijp (capital markets) and Leo Groothuis (corporate M&A) and the core deal team further consisted of Paul van der Bijl, Dewi Walian and Joppe Schoute.