Amsterdam/’s-Hertogenbosch, the Netherlands, 14 December 2023
On 21 December 2023, Van Lanschot Kempen will return the previously announced amount of €2.00 per Class A share in issue, totalling €86 million, to its shareholders.
Van Lanschot Kempen’s shareholders approved the return of capital at an extraordinary general meeting on 5 October 2023. On 11 December 2023, the legally prescribed two-month objection period expired. No objections were made, and subsequently the payment date for the capital return has been fixed on 21 December.
The capital return will be charged to the share premium reserve available for distribution. Total share capital in issue will be unchanged and the CET 1 ratio will remain well ahead of Van Lanschot Kempen’s capital objective of a CET 1 ratio of 15% plus an M&A add-on of 2.5% for acquisitions.
Important dates related to capital return:
Ex-date: 19 December 2023
Record date: 20 December 2023
Payment date: 21 December 2023
Media Relations
Maud van Gaal
T +31 20 354 45 85 mediarelations@vanlanschotkempen.com
Investor Relations
Tosca Holtland
T +31 20 354 45 90 investorrelations@vanlanschotkempen.com
About Van Lanschot Kempen NV
Van Lanschot Kempen is an independent, specialist wealth manager active in private banking, investment management and investment banking, with the aim of preserving and creating wealth, in a sustainable way, for both its clients and the society of which it is part. Through our long-term focus, we create positive financial and nonfinancial value. Listed at Euronext Amsterdam, Van Lanschot Kempen is the Netherlands’ oldest independent financial services company, with a history dating back to 1737.
For more information, please visit vanlanschotkempen.com
Important legal information and cautionary note on forward-looking statements
This press release does not constitute an offer or solicitation for the sale, purchase or acquisition in any other way or subscription to any financial instrument and is not a recommendation to perform or refrain from performing any action.
This press release is a translation of the Dutch language original and is provided as a courtesy only. In the event of any disparities, the Dutch language version will prevail. No rights can be derived from any translation thereof
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