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 €1.50 per share.
Van Lanschot Kempen has the intention to return a total of over €60 million in capital in December 2022, subject to the legally prescribed period applicable to a capital return such as this. 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 even after the return of capital.
Ex-date: 20 December 2022
Record date: 21 December 2022
Payment date: 22 December 2022