Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Related Securities:
a) b) c) d) e) f) g) h)
Description Common SEDOL LU SEDOL NL SEDOL DE WKN ISIN Price
XS0899977986
SNS Bank 11 ¼ Perp 046895452 B4XKLX4 B4YV608 B4K9VM3 A1AQE5 /XS0468954523 9%
SNS Bank 6 ¼
10/26/20 055274304 B42TD92 B59CTB5 A1A2YG XS0552743048 10%
SNS Bank Float Perp 017256548 7635353 B8BH6L8 970371 XS0172565482 10%
SNS Bank 6 ⅝
05/14/18 036351489 B64SHB1 B8G3TK1 A0VY01 XS0363514893 10%
Southey Capital Ltd, (the "Offeror") wishes to buy the above securities and has launched on the 22nd of
November 2019 to holders of the securities set out in the table above (the "Securities"), issued by or with the
cooperation of the public limited company SNS REAAL N.V. or respectively, the public limited company
SNS Bank N.V., that were expropriated for the benefit of the State of the Netherlands by Decree of the
Minister of Finance on the 1st of February 2013, to tender such securities for purchase by the Offeror for cash
(the "Offer"), subject to distribution restrictions.
Purchase Price
Subject to the Minimum Amount, the Offeror will pay, for the Securities accepted by it for purchase to the
Offeror, a price in cash equal to the amount listed in column “h” (Price) in the above table multiplied by the
principle amount accepted.
Minimum Amount
The Offer is available to amounts not less than EUR 500,000.00 per holder.
The Offeror has not set upper limit of the purchase amount, but will consider all acceptances and at the latest
on the Deadline advise respondents of acceptance or advise them otherwise.
22nd November 2019 - Launch of offer, announced through various distribution channels.
January 2020 - Announcement of results sent to accepting holders and arrangements made to settle trades
Process
Holders who wish to accept should communicate their intention directly or via their broker, transmitted via
email. Forms of Acceptance notices received by the 31st of December 2019 will receive a Trade
Confirmation, Assignment Agreement and Settlement Instructions. Later acceptances may still be accepted
at the absolute discretion of Southey Capital.
Reservation of Rights
The Offeror reserves the right, in its sole and absolute discretion, not to accept any Tender
Instructions, not to purchase Securities or to extend, re-open, withdraw or terminate the Offer and to
amend or waive any of the terms and conditions of the Offer in any manner (including, but not limited
to, purchasing more or less than the Maximum Acceptance Amount), subject to applicable laws and
regulations.
Acceptances
Holders are requested to confirm acceptance using the Form Of Acceptance below, also providing evidence
of authority to bind the accepting party.
Neither this announcement, the Tender Memorandum nor the electronic transmission thereof constitutes an
offer to buy or the solicitation of an offer to sell Securities (and tenders of Securities for purchase pursuant
to the Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is
unlawful. In those jurisdictions where the securities, blue sky or other laws require the Offer to be made by
a licensed broker or dealer and the Offeror or any of its affiliates is such a licensed broker or dealer in any
such jurisdiction, the Offer shall be deemed to be made by the Offeror or such affiliate, as the case may be,
in such jurisdiction. In addition to the representations referred to above in respect of the United States, each
Holder participating in the Offer will be deemed to give certain other representations in respect of the other
jurisdictions referred to above and generally as set out in "Procedures for Participating in the Offer" in the
Tender Memorandum. Any tender of Securities for purchase pursuant to the Offer from a Holder
that is unable to make these representations will not be accepted. Each of the Offeror and the Tender
Agent reserves the right, in its sole and absolute discretion, to investigate, in relation to any tender of
Securities for purchase pursuant to the Offer, whether any such representation given by a Holder is correct
and, if such investigation is undertaken and as a result the Offeror determines (for any reason) that
such representation is not correct, such tender or submission may be rejected.
Southey Capital Ltd is a company registered in England and Wales with No. 09411731
FATCA PARTICIPATING FINANCIAL INSTITUTION (GIIN No. 3P381G.99999.SL.826)
AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (No. 711717)
Form of Acceptance
FROM:
Dear Sirs,
In respect of the Offer dated 22nd November 2019 or as revised, advising of an Offer from Southey Capital Ltd to purchase
notes issued by SNS BANK N.V. and or SNS REAAL N.V. at a rate as described in the OFFER. I/we hereby irrevocably
accept the Offer.
Signature
Following notice of Acceptance, Southey Capital Ltd, will inform holders of the acceptance by Southey Capital Ltd, and
send copies of the transaction documentation (Trade Confirmation, Assignment Agreement and Notices).
Southey Capital Ltd is a company registered in England and Wales with No. 09411731
FATCA PARTICIPATING FINANCIAL INSTITUTION (GIIN No. 3P381G.99999.SL.826)
AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (No. 711717)