IDB HOLDINGS SA Blue Marlin Holdings S.A. ("the Company" and formerly named IdB Holdings S.A.) is pleased to announce that, after the receipt of the approval from the ECB, its 100% subsidiary Blue Marlin Finance S.à r.l. has completed the sale of its 36.98% interest in Bank Insinger de Beaufort N.V.
Further details have been disclosed in a circular to shareholders dated 6 June 2016. The proposals put forward in that circular, including the approval of the Transaction, were approved by the shareholders in a meeting held on 11 July 2016.
In the coming weeks the Company expects to be able to put a proposal forward to the shareholders for the distribution of surplus cash to shareholders, taking into account the provisions of Luxembourg law and the Company's articles of association.
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About Blue Marlin Holdings S.A.Blue Marlin Holdings S.A. (formerly IdB Holdings S.A.) was converted into a fully taxable Luxembourg holding company (Société de Participations Financières or "SOPARFI") on 30 December 2010.
Blue Marlin Holdings S.A. was incorporated under number RCB 49429 for an indefinite period in Luxembourg on 30 November 1994 under the name Insinger S.A.
The shares of Blue Marlin Holdings S.A. are listed on the Euro MTF market operated by the Luxembourg Stock Exchange.
www.bluemarlinholdings.lu
Registered office:
58 Rue Charles Martel L-2134 Luxembourg
Blue Marlin Holdings SA published this content on 03 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 January 2017 13:17:08 UTC.
Original documenthttps://www.bluemarlinholdings.lu/pressrelease/Publication BMHSA_completion of sale.pdf
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