Press release | 15 December 2022
Van Lanschot Kempen to return capital of €1.50 per share on 22 December 2022
Published: 8.00 CET
On 22 December 2022, Van Lanschot Kempen will return the previously announced amount of €1.50 per Class A share in issue, totalling over €60 million, to its shareholders.
Van Lanschot Kempen’s shareholders approved the return of capital at an extraordinary general meeting on 6 October 2022. On 12 December 2022, 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 22 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.
Proposed dates related to capital return
Ex-date: 20 December 2022
Record date: 21 December 2022
Payment date: 22 December 2022
More information
Media Relations: +31 20 354 45 85; mediarelations@vanlanschotkempen.com
Investor Relations: +31 20 354 45 90; investorrelations@vanlanschotkempen.com
On 22 December 2022, Van Lanschot Kempen will return the previously announced amount of €1.50 per Class A share in issue, totalling over €60 million, to its shareholders.
Van Lanschot Kempen’s shareholders approved the return of capital at an extraordinary general meeting on 6 October 2022. On 12 December 2022, 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 22 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.
Proposed dates related to capital return
Ex-date: 20 December 2022
Record date: 21 December 2022
Payment date: 22 December 2022
More information
Media Relations: +31 20 354 45 85; mediarelations@vanlanschotkempen.com
Investor Relations: +31 20 354 45 90; investorrelations@vanlanschotkempen.com