Published: 16.30 CEST

 

At an extraordinary general meeting, Van Lanschot Kempen’s shareholders today approved the proposed return of capital in the amount of €2.00 per share.

Van Lanschot Kempen has the intention to return a total of €86 million in capital in December 2023, subject to the legally prescribed period applicable to this capital return. The capital return will be charged to the share premium reserve available for distribution. The total share capital in issue will be unchanged and after the return of capital 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.

Proposed dates related to capital return:
Ex-date: 19 December 2023
Record date: 20 December 2023
Payment date: 21 December 2023

 

More information
Media Relations: +31 20 354 45 85; mediarelations@vanlanschotkempen.com
Investor Relations: +31 20 354 45 90; investorrelations@vanlanschotkempen.com