ASR cuts stake in Dutch Vopak to 0.23%

Jan 6, 2015 - Insurer ASR Nederland has reduced its stake and voting rights in Dutch oil storage firm Vopak (AMS:VPK) to 0.23%, according to a filing with Dutch regulator AFM released on Tuesday.

A previous filing with the authority showed that the insurer's stake and voting rights in Vopak were 5.43%. That stake consisted of more than 4.4 million certificates of cumulative preference shares.

Vopak said Monday it had completed the cancellation of all outstanding financing preference shares, effective as of January 1, 2015.

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