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Thursday, March 26, 2015

BRIEF-RBS says to realise $3.2 billion from Citizens share sale, (NYSE: RBS)

Royal Bank Of Scotland Group Plc : * Final pricing of offering of shares in Citizens Financial Group* Offer comprises 135 million shares, or 24.7 pct, of Citizens common stock at a public offering price per share of $23.75.* Gross proceeds realised by RBSG will be $3.2 billion ($3.7 billion assuming exercise in full of over-allotment option) with cash proceeds being used for general business purposes* Will continue to hold up to 45.6 percent of CFG's shares of common stock (41.9 percent assuming exercise of entire over-allotment option) Source text for Eikon: Further company coverage:

The Royal Bank of Scotland Group plc (RBSG) is a holding company. Shares of RBS fell by 0.19% or $-0.02/share to $10.44. In the past year, the shares have traded as low as $9.83 and as high as $12.64. On average, 471739 shares of RBS exchange hands on a given day and today's volume is recorded at 407469.