NN Group N V (NNGPF) 27.6500 $NNGPF
NN Group reports 2Q16 results
Globe Newswire - 2 mins ago
Capital position remains strong; lower operating result
NN Group appoints Jan-Hendrik Erasmus Chief Risk Officer
Globe Newswire - Tue Jun 14, 12:00AM CDT
NN Group announces today that Jan-Hendrik Erasmus will be appointed Chief Risk Officer (CRO). He joins NN Group as Member of the Management Board as of 1 September 2016. Jan-Hendrik will succeed Doug Caldwell, who will leave NN Group later this year to pursue his career outside of the company.
NN Group releases agenda for 2016 Annual General Meeting
Globe Newswire - Thu Apr 21, 1:03AM CDT
Today NN Group published the agenda and other meeting documents for its Annual General Meeting (AGM). The AGM will be held at 'De Remise', Ter Borchstraat 7 in The Hague, the Netherlands, on Thursday 2 June 2016, 14:00 CET. The meeting documents are available on the NN Group website (www.nn-group.com/agm) and consist of:
ING completes divestment of NN Group
Globe Newswire - Thu Apr 14, 3:26PM CDT
NN Group announces today that ING Group has agreed to sell 45.7 millionshares of NN Group at a price of EUR 30.15 per share. NN Group will not receive any proceeds from the offering. The transaction completes ING's divestment of NN Group. The shares were offered by way of an accelerated book building offering to institutional investors. NN Group will release its first quarter 2016 results on 26 May 2016 and is currently in closed period.
ING sells remaining stake in NN Group
Globe Newswire - Thu Apr 14, 10:45AM CDT
NN Group announces today that its shareholder ING Group intends to sell approximately 45.7 million ordinary shares in NN Group. The shares will be offered by way of an accelerated book building offering to institutional investors. NN Group will not be issuing or selling shares as part of this transaction, and will not receive any proceeds from the offering. As a result of the transaction ING Group will fully exit its remaining 14.1% stake in NN Group. NN Group will release its first quarter 2016 results on 26 May 2016 and is currently in closed period.
NN Group 2015 Annual Report: Accelerating Change
Globe Newswire - Thu Mar 24, 2:32AM CDT
Today, NN Group published its 2015 Annual Report, an integrated review of the company's performance, consisting of three sections: Annual Review, Financial Report and Sustainability Supplement. This combined approach to the Annual Report enables NN Group to tailor its reporting to the needs of different stakeholder groups. It provides extensive information on NN Group's strategy, financial and non-financial performance and future prospects, in a way that reflects the economic, environmental and social contexts in which the company operates.
NN Group CEO Lard Friese to present at Morgan Stanley European Financials Conference
Globe Newswire - Tue Mar 15, 2:01AM CDT
Today, Lard Friese, CEO of NN Group, will present at the annual Morgan Stanley European Financials Conference in London.
MS: 30.37 (+0.12)
ING's stake in NN Group falls below 15%
Thomson Reuters ONE - Thu Jan 28, 1:06AM CST
Today ING Group announced that it will exchange the third and final tranche of EUR 337.5 million mandatory exchangeable subordinated notes into 6.9 million ordinary shares in NN Group and cash. The exchange is part of the anchor investment in NN Group by three Asian institutional investors - RRJ Capital, Temasek and SeaTown - as announced on 30 April 2014. This transaction will reduce ING's remaining stake in NN Group from 16.2% to 14.1% of outstanding shares (net of treasury shares) upon settlement of the transaction, which is expected to take place on 2 February 2016. As a result of this transaction, the Relationship Agreement between NN Group and ING dated 10 June 2014, with the exception of certain specific provisions, will terminate.
WeLab raises USD160M in Series B financing from Khazanah, ING
M2 - Tue Jan 26, 5:12AM CST
WeLab and WeLend.hk have reported USD160 million (RMB1.0 billion) Series B fundraising from a consortium of international and domestic Chinese investors led by Khazanah Nasional Berhad, and including other investors ING Bank and state-owned Guangdong Technology Financial Group (GTFG), the companies said. The financing represents fundraising by a Chinese financial technology firm from both an international bank and government investors, and also financings of an international financial institution in a leading Chinese fintech player. This Series B fundraising follows the completion of a USD20 million Series A round in January 2015 from a group of strategic and financial investors, including CK Hutchison's TOM Group and Sequoia Capital, which enabled WeLab to launch new products in mainland China and solidify its credit risk-modeling capabilities with big data solutions. The two government funds involved in this round of fundraising are: Khazanah, of Malaysia, and GTFG, a Chinese provincial government state fund in Guangdong. In China, ING Bank offers commercial banking services to corporates and institutions and is a shareholder of Bank of Beijing. WeLab is a large mobile lending platform in China that creates online and mobile lending experiences in China and Hong Kong. WeLab operates Wolaidai, one of China's mobile lending platforms, and WeLend.hk, a Hong Kong's online lending platform. WeLab's investors include CK Hutchison's TOM group, Khazanah Nasional Berhad, ING, Silicon Valley-based venture capital fund Sequoia Capital, TOM Group's Ule.com and Guangdong Technology Financial Group. Khazanah Nasional Berhad is the investment fund of the government of Malaysia entrusted to hold and manage the commercial assets of the government and to undertake strategic investments. Khazanah is involved in various sectors such as power, telecommunications, financial institutions, healthcare, aviation, infrastructure, leisure & tourism, property, creative & media, education, and innovation & technology. ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank and holding a stake in the listed insurer NN Group NV. Guangdong Technology Financial Group is solely funded by the state and operated under the control of the Guangdong provincial government. The company provides venture capital financing to technology SMEs in China.
ING reduces stake in NN Group to 16.2%
Thomson Reuters ONE - Tue Jan 05, 3:23PM CST
NN Group repurchases shares from ING for an aggregate amount of EUR 250 million
ING to sell 33 million shares in NN Group
Thomson Reuters ONE - Tue Jan 05, 10:55AM CST
NN Group to repurchase shares from ING for an aggregate amount of EUR 250 million
NN Group sells Parcom Capital Management
Thomson Reuters ONE - Fri Dec 18, 1:05AM CST
NN Group announces that it has completed the sale of its wholly owned private equity management company, Parcom Capital Management, to its directors. In connection with the sale, NN Group will participate as a cornerstone investor in a new private equity fund to be managed by Parcom Capital Management. Private equity continues to be part of NN Group's investment strategy.
ING nominees step down from Supervisory Board NN Group
Thomson Reuters ONE - Mon Dec 14, 1:00AM CST
NN Group announces that ING nominees Patrick Flynn and Wilfred Nagel will step down from the Supervisory Board of NN Group, effective today. The resignation of Patrick Flynn and Wilfred Nagel marks a next step in NN Group's journey of becoming a stand-alone company. ING nominee Ralph Hamers stepped down from the Supervisory Board of NN Group on 6 October 2015. As a consequence, ING Group no longer has nominees in the Supervisory Board of NN Group.
NN Group Capital Markets Day: 'Driving performance forward'
Thomson Reuters ONE - Thu Nov 19, 12:08AM CST
- Significant progress on execution of strategy and delivery on financial targets since IPO in 2014
NN Group wins FD Henri Sijthoff Award for best 2014 Annual Report
Thomson Reuters ONE - Fri Oct 30, 3:32AM CDT
NN Group received this year's FD Henri Sijthoff Award for best financial reporting in the 'small and mid-cap' category. This was announced by the leading Dutch financial daily 'Het Financieele Dagblad' on 29 October 2015. NN Group has been included in the Euronext AEX Index since 23 March 2015.
NN Group EGM appoints new Supervisory Board members
Thomson Reuters ONE - Tue Oct 06, 10:33AM CDT
Today, the Extraordinary General Meeting of NN Group N.V. has appointed Helene Vletter-van Dort, Dick Harryvan and Robert Jenkins as new members of NN Group's Supervisory Board.
ING reduces stake in NN Group to 25.8%
Thomson Reuters ONE - Wed Sep 30, 3:28PM CDT
NN Group repurchases shares from ING for an aggregate amount of EUR 150 million
Lard Friese to present at Bank of America Merrill Lynch conference
Thomson Reuters ONE - Tue Sep 29, 12:31AM CDT
Today, Lard Friese, CEO of NN Group, will present at the Bank of America Merrill Lynch 20th Annual Banking, Insurance & Diversified Financials CEO Conference in London.
NN Group reports 2Q16 results
Globe Newswire - 2 mins ago
Capital position remains strong; lower operating result
NN Group appoints Jan-Hendrik Erasmus Chief Risk Officer
Globe Newswire - Tue Jun 14, 12:00AM CDT
NN Group announces today that Jan-Hendrik Erasmus will be appointed Chief Risk Officer (CRO). He joins NN Group as Member of the Management Board as of 1 September 2016. Jan-Hendrik will succeed Doug Caldwell, who will leave NN Group later this year to pursue his career outside of the company.
NN Group releases agenda for 2016 Annual General Meeting
Globe Newswire - Thu Apr 21, 1:03AM CDT
Today NN Group published the agenda and other meeting documents for its Annual General Meeting (AGM). The AGM will be held at 'De Remise', Ter Borchstraat 7 in The Hague, the Netherlands, on Thursday 2 June 2016, 14:00 CET. The meeting documents are available on the NN Group website (www.nn-group.com/agm) and consist of:
ING completes divestment of NN Group
Globe Newswire - Thu Apr 14, 3:26PM CDT
NN Group announces today that ING Group has agreed to sell 45.7 millionshares of NN Group at a price of EUR 30.15 per share. NN Group will not receive any proceeds from the offering. The transaction completes ING's divestment of NN Group. The shares were offered by way of an accelerated book building offering to institutional investors. NN Group will release its first quarter 2016 results on 26 May 2016 and is currently in closed period.
ING sells remaining stake in NN Group
Globe Newswire - Thu Apr 14, 10:45AM CDT
NN Group announces today that its shareholder ING Group intends to sell approximately 45.7 million ordinary shares in NN Group. The shares will be offered by way of an accelerated book building offering to institutional investors. NN Group will not be issuing or selling shares as part of this transaction, and will not receive any proceeds from the offering. As a result of the transaction ING Group will fully exit its remaining 14.1% stake in NN Group. NN Group will release its first quarter 2016 results on 26 May 2016 and is currently in closed period.
NN Group 2015 Annual Report: Accelerating Change
Globe Newswire - Thu Mar 24, 2:32AM CDT
Today, NN Group published its 2015 Annual Report, an integrated review of the company's performance, consisting of three sections: Annual Review, Financial Report and Sustainability Supplement. This combined approach to the Annual Report enables NN Group to tailor its reporting to the needs of different stakeholder groups. It provides extensive information on NN Group's strategy, financial and non-financial performance and future prospects, in a way that reflects the economic, environmental and social contexts in which the company operates.
NN Group CEO Lard Friese to present at Morgan Stanley European Financials Conference
Globe Newswire - Tue Mar 15, 2:01AM CDT
Today, Lard Friese, CEO of NN Group, will present at the annual Morgan Stanley European Financials Conference in London.
MS: 30.37 (+0.12)
ING's stake in NN Group falls below 15%
Thomson Reuters ONE - Thu Jan 28, 1:06AM CST
Today ING Group announced that it will exchange the third and final tranche of EUR 337.5 million mandatory exchangeable subordinated notes into 6.9 million ordinary shares in NN Group and cash. The exchange is part of the anchor investment in NN Group by three Asian institutional investors - RRJ Capital, Temasek and SeaTown - as announced on 30 April 2014. This transaction will reduce ING's remaining stake in NN Group from 16.2% to 14.1% of outstanding shares (net of treasury shares) upon settlement of the transaction, which is expected to take place on 2 February 2016. As a result of this transaction, the Relationship Agreement between NN Group and ING dated 10 June 2014, with the exception of certain specific provisions, will terminate.
WeLab raises USD160M in Series B financing from Khazanah, ING
M2 - Tue Jan 26, 5:12AM CST
WeLab and WeLend.hk have reported USD160 million (RMB1.0 billion) Series B fundraising from a consortium of international and domestic Chinese investors led by Khazanah Nasional Berhad, and including other investors ING Bank and state-owned Guangdong Technology Financial Group (GTFG), the companies said. The financing represents fundraising by a Chinese financial technology firm from both an international bank and government investors, and also financings of an international financial institution in a leading Chinese fintech player. This Series B fundraising follows the completion of a USD20 million Series A round in January 2015 from a group of strategic and financial investors, including CK Hutchison's TOM Group and Sequoia Capital, which enabled WeLab to launch new products in mainland China and solidify its credit risk-modeling capabilities with big data solutions. The two government funds involved in this round of fundraising are: Khazanah, of Malaysia, and GTFG, a Chinese provincial government state fund in Guangdong. In China, ING Bank offers commercial banking services to corporates and institutions and is a shareholder of Bank of Beijing. WeLab is a large mobile lending platform in China that creates online and mobile lending experiences in China and Hong Kong. WeLab operates Wolaidai, one of China's mobile lending platforms, and WeLend.hk, a Hong Kong's online lending platform. WeLab's investors include CK Hutchison's TOM group, Khazanah Nasional Berhad, ING, Silicon Valley-based venture capital fund Sequoia Capital, TOM Group's Ule.com and Guangdong Technology Financial Group. Khazanah Nasional Berhad is the investment fund of the government of Malaysia entrusted to hold and manage the commercial assets of the government and to undertake strategic investments. Khazanah is involved in various sectors such as power, telecommunications, financial institutions, healthcare, aviation, infrastructure, leisure & tourism, property, creative & media, education, and innovation & technology. ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank and holding a stake in the listed insurer NN Group NV. Guangdong Technology Financial Group is solely funded by the state and operated under the control of the Guangdong provincial government. The company provides venture capital financing to technology SMEs in China.
ING reduces stake in NN Group to 16.2%
Thomson Reuters ONE - Tue Jan 05, 3:23PM CST
NN Group repurchases shares from ING for an aggregate amount of EUR 250 million
ING to sell 33 million shares in NN Group
Thomson Reuters ONE - Tue Jan 05, 10:55AM CST
NN Group to repurchase shares from ING for an aggregate amount of EUR 250 million
NN Group sells Parcom Capital Management
Thomson Reuters ONE - Fri Dec 18, 1:05AM CST
NN Group announces that it has completed the sale of its wholly owned private equity management company, Parcom Capital Management, to its directors. In connection with the sale, NN Group will participate as a cornerstone investor in a new private equity fund to be managed by Parcom Capital Management. Private equity continues to be part of NN Group's investment strategy.
ING nominees step down from Supervisory Board NN Group
Thomson Reuters ONE - Mon Dec 14, 1:00AM CST
NN Group announces that ING nominees Patrick Flynn and Wilfred Nagel will step down from the Supervisory Board of NN Group, effective today. The resignation of Patrick Flynn and Wilfred Nagel marks a next step in NN Group's journey of becoming a stand-alone company. ING nominee Ralph Hamers stepped down from the Supervisory Board of NN Group on 6 October 2015. As a consequence, ING Group no longer has nominees in the Supervisory Board of NN Group.
NN Group Capital Markets Day: 'Driving performance forward'
Thomson Reuters ONE - Thu Nov 19, 12:08AM CST
- Significant progress on execution of strategy and delivery on financial targets since IPO in 2014
NN Group wins FD Henri Sijthoff Award for best 2014 Annual Report
Thomson Reuters ONE - Fri Oct 30, 3:32AM CDT
NN Group received this year's FD Henri Sijthoff Award for best financial reporting in the 'small and mid-cap' category. This was announced by the leading Dutch financial daily 'Het Financieele Dagblad' on 29 October 2015. NN Group has been included in the Euronext AEX Index since 23 March 2015.
NN Group EGM appoints new Supervisory Board members
Thomson Reuters ONE - Tue Oct 06, 10:33AM CDT
Today, the Extraordinary General Meeting of NN Group N.V. has appointed Helene Vletter-van Dort, Dick Harryvan and Robert Jenkins as new members of NN Group's Supervisory Board.
ING reduces stake in NN Group to 25.8%
Thomson Reuters ONE - Wed Sep 30, 3:28PM CDT
NN Group repurchases shares from ING for an aggregate amount of EUR 150 million
Lard Friese to present at Bank of America Merrill Lynch conference
Thomson Reuters ONE - Tue Sep 29, 12:31AM CDT
Today, Lard Friese, CEO of NN Group, will present at the Bank of America Merrill Lynch 20th Annual Banking, Insurance & Diversified Financials CEO Conference in London.
