The Expiration Deadline for the Offers was 5.40 p.m. (CET) on 25 September 2014.
As at the Expiration Deadline, €192,318,072 in aggregate nominal amount of the Step-Up Fixed-Floating Perpetual Capital Securities and €20,685,417 in aggregate nominal amount of the Non Step-Up Fixed Perpetual Capital Securities had been validly tendered pursuant to the Offers and will be accepted for purchase by the Company, subject to satisfaction of the New Financing Condition.
The Purchase Price applicable to tenders by Holders who have validly tendered their Securities for purchase for cash (and who have not validly withdrawn such Securities in the limited circumstances in which Tender Instructions may be revoked) and whose Securities are accepted for purchase by the Company, will be 132 per cent. (in respect of the Offer in relation to the Step-Up Fixed-Floating Perpetual Capital Securities) or 118 per cent. (in respect of the Offer in relation to the Non Step-Up Fixed Perpetual Capital Securities).
Payment of the relevant Purchase Price and applicable Accrued Interest Payment in respect of Securities accepted for purchase pursuant to the Offers will take place on the Settlement Date, which is expected to be 30 September 2014.
Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank International), Deutsche Bank AG, London Branch and UBS Limited are acting as Joint Dealer Managers for the Offers. Lucid Issuer Services Limited is acting as Tender Agent and ABN AMRO Bank N.V. is acting as Dutch Tender Agent.