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ANZ sells remaining 5.2% shareholding in AmBank

M&A30 May 2024ANZFinancials

ANZ Group Holdings Limited
9/833 Collins Street Docklands Victoria 3008 Australia

ABN 16 659 510 791

News Release

For Release: 31 May 2024



ANZ sells remaining 5.2% shareholding in AmBank

ANZ has agreed to sell its remaining 5.2% of the issued capital in AMMB Holdings Bhd

(AmBank) via a block trade at a price of MYR4.10 per share.

ANZ Chief Financial Officer Farhan Faruqui said: “The sale of our equity stake in AmBank is

a significant milestone in delivering on our strategy to simplify the Bank. We have valued

our partnership with AmBank and wish the group well for the future.”


The sale proceeds will increase ANZ’s CET1 ratio by approximately 5bps

1

which is additional

to the 16bps of capital released from the sale of the initial block of 16.5% of AmBank shares

in March 2024.

The sale proceeds will have no material impact on profit.

Settlement is anticipated to occur on 5 June 2024.











For media enquiries contact:

Elizabeth Rudall

Head of Corporate Communications

Tel: +61 403 130 207

For analyst enquiries contact:

Jill Campbell

Group General Manager, Investor Relations

Tel: +61 412 047 448

Cameron Davis

Executive Manager, Investor Relations

Tel: +61 421 613 819



Approved for distribution by ANZ’s Continuous Disclosure Committee



1

CET1 impact is on a Level 2 basis.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.