REG - Royal Bk Scot.Grp. - VocaLink Holdings Limited Shareholding <Origin Href="QuoteRef">RBS.L</Origin>

NatwestAnnouncement

21/07/2016 13:20

RNS Number : 8870E
Royal Bank of Scotland Group PLC
21 July 2016
21 July 2016
The Royal Bank of Scotland Group plc ("RBS") - VocaLink Holdings Limited Shareholding
On 21 July 2016, MasterCard Incorporated announced the proposed acquisition of VocaLink Holdings Limited ("VHL").
RBS is a 21.4% shareholder in VHL. RBS's share of the sale proceeds will comprise cash on completion and contingent earn-out consideration which is potentially payable in 2019, subject to performance.
RBS expects to report an initial pre-tax gain of approximately 150 million on completion of the transaction.
For further information:
Investors
Richard O'Connor
Head of Investor Relations
+44 (0) 207 672 1758
Media
RBS Group Media Relations
+44 (0) 131 523 4205

This information is provided by RNS
The company news service from the London Stock Exchange
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