10
November
2022
|
19:00
Europe/Amsterdam

Next step in HubLink termination process RSG and ADP

Royal Schiphol Group (RSG) has taken a next step in the termination process of the HubLink agreement by entering into an agreement to sell 2.5% of the shares in Aéroports de Paris (ADP) to Crédit Agricole Assurances, via its subsidiary Predica. 

Pursuant to the termination of the HubLink cooperation on 30 November 2021, ADP and RSG need to disentangle their cross shareholdings of 8%. The process to disentangle the cross shareholdings is expected to be completed ultimately by 30 May 2023. 

This press release contains information that qualifies as inside information about Royal Schiphol Group within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU).