March 22 Groupama
* Groupama says has launched, via an institutional private
placement by way of an accelerated bookbuilding, sale of
8,260,000 OTP Bank shares
* Following the placement, Groupama will keep about 14.14
mln OTP Bank shares, representing 5 pct of the capital of the
company, the group says in statement.
* Groupama to remain a significant shareholder of
OTP Bank and maintain board representation, it says.
* Results of the private placement to be announced after the
close of the bookbuilding process, Groupama says.
Further company coverage:
(Reporting by Mathieu Rosemain)