Major shareholder Blackstone places 6.1 million shares of Intertrust with institutional investors

By GlobeNewswire,  February 13, 2019, 01:15:00 AM EDT

Amsterdam, the Netherlands - 13 February 2019 - Intertrust N.V. ("Intertrust" or "Company") [Euronext: INTER], a leading global provider of expert administrative services to clients operating and investing in the international business environment, 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"), has placed all of the remaining 6,074,824 Intertrust shares at EUR 15.15 per share with institutional investors via an accelerated book build.

Following this transaction, Blackstone no longer holds any shares in Intertrust's issued share capital.

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 global leader in providing expert administrative services to clients operating and investing in the international business environment. The Company has more than 2,500 employees across 41 offices and 29 jurisdictions in Europe, the Americas, Asia Pacific and the Middle-East. Intertrust has leading market positions in selected key financial markets, including the Netherlands, Luxembourg, Jersey and the Americas. Intertrust delivers high-quality, tailored corporate, fund, capital market and private wealth services to its clients, with a view to building long-term relationships. The Company works with global law firms and accountancy firms, multinational 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.

Press release (PDF)

This announcement is distributed by West Corporation on behalf of West Corporation clients.

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

This article appears in: News Headlines

Referenced Stocks: BX, INTER

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