ANZ sells remaining 5.2% shareholding in AmBank
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.