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Statement re Banque Audi

21st Oct 2009 09:46

RNS Number : 1420B
EFG-Hermes Holdings SAE
21 October 2009
 



Statement from EFG- Hermes Holding SAE in relation to

rumours regarding its holding in Banque Audi

EFG- Hermes denies any reports of its intention, nor that it has received approvals, to acquire

a substantial stake in Banque Audi. It is not EFG- Hermes' intention to materially change our

position in Bank Audi. EFG- Hermes may increase or decrease its stake by 2% - 3% through

GDRs depending on equity market conditions and subject to the relevant regulations, but

remains committed to be one of the banks largest owners.

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