NN Group

Interim dividend financial year 2018, of EUR 0.66 per ordinary share



Technical Information Memorandum
relating to certain technical and administrative guidelines in connection to the

NN GROUP N.V.

INTERIM DIVIDEND FINANCIAL YEAR 2018, OF EUR 0.66 PER ORDINARY SHARE

The executive Board of NN Group N.V. announces that NN Group will pay a 2018 interim dividend of EUR 0.66 per ordinary share.

The interim dividend will be payable, at the shareholder's election, either wholly in ordinary shares or wholly in cash. The election period will run from 20 August 2018 up to and including 03 September 2018.

To neutralise the dilutive effect of the stock dividend, NN Group will repurchase ordinary shares for a amount equivalent to the stock dividend.

Shareholders have the opportunity to make their choice known until close of trading on Euronext Amsterdam on 03 September 2018. The ratio of the value of the stock dividend to that of the cash dividend will be determined on 03 September 2018, after the close of trading on Euronext Amsterdam based on the volume-weighted average price ('VWAP') of NN Group ordinary shares traded on Euronext Amsterdam for the five trading days period from 28 August 2018 through 03 September 2018. There will be no trading in the stock dividend rights.

If Admitted Institutions have not made their choice known at the latest on 03 September 2018 at 17:30 CEST, the interim dividend will be paid out in cash. Delivery of shares to the Admitted Institutions will occur based on the total amount of dividend rights delivered, whereby a possible remaining fraction will be paid out in cash based on the VWAP as mentioned above.

Dividend
Gross amount: EUR 0.66
Net Amount : EUR 0.561

Security Codes:
NN Group NV shares: NL0010773842
NN Group NV dividend rights: NL0013040330

Timetable
Event, Expected Date, Time CET
NN GROUP NV Ex-Dividend Date: 20 August, 9:00
NN GROUP NV Record Date: 21 August, 18:00
Start of the Election Period: 20 August, 09:00
End of the Election Period: 03 September, 17:30
Announcement stock ratio: 03 September. After close of trading
Payment Date of the NN Group Shares and Cash dividend: 10 September

Election Procedure
Important change-
On March 19, 2018 ESES has launched CSE6 on elective events.
Admitted Institutions should submit their election on behalf of their clients via MT565 to Euroclear Netherlands.


Useful names and telephone numbers

ING Bank N.V.

ING Wholesale Banking, Issuer Services

  • Shafie Ishaak +31 20 563 6685 Shafie.Ishaak@ing.com
  • Remko Los +31 20 563 6619 Remko.Los@ing.com
  • Gerben Groenhof +31 20 563 6553 Gerben.Groenhof@ing.com

Message details

Sub-group Equities
Issuer NN Group
Category Dividend
ISIN NL0010773842
NL0013040330
Symbol NN
Securities name Ordinary shares
Publication date August 23 2018