Major shareholder Blackstone places 7.5 million shares of Intertrust with institutional investors
Donnerstag, 03.05.2018 08:30 von GlobeNewswire
Amsterdam, the Netherlands - 3 May 2018 - Intertrust N.V. ("Intertrust" or "Company") [Euronext: INTER], a leading global provider of high-value trust, corporate and fund services, announces that it has been informed that Blackstone Perpetual Topco S.à.r.l., an entity controlled by investment funds managed by affiliates of The Blackstone Group L.P. ("Blackstone"), a major shareholder of Intertrust, has placed 7.5 million Intertrust shares at EUR 16.00 per share with institutional investors via an accelerated book build.
Following this transaction, Blackstone owns 15.24% of Intertrust shares.
For further information
Intertrust N.V. marieke.palstra@intertrustgroup.com
Marieke Palstra Tel: +31 20 577 1157
Director of Investor Relations and Corporate Communications
About Intertrust
Intertrust is a leading global provider of high-value trust, corporate and fund services, with more than 2,500 employees located throughout a network of 39 offices in 28 jurisdictions across Europe, the Americas, Asia and the Middle-East. The Company delivers high-quality, tailored services to its clients with a view to building long-term relationships. Intertrust's business services offering is comprised of corporate services, fund services, capital market services, and private wealth services. Intertrust has leading market positions in selected key geographic markets of its industry, including the Netherlands, Luxembourg, Jersey, and the Cayman Islands. Intertrust works with global law firms and accountancy firms, multi-national corporations, financial institutions, fund managers, high net worth individuals and family offices.
This press release contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Intertrust Group via Globenewswire