At an Extraordinary General Meeting of Shareholders held in the city of 's-Hertogenbosch, Van Lanschot Kempen's shareholders today approved the proposed return of capital in the amount of €1 per share, as announced on 29 August 2017.

Van Lanschot Kempen will return a total of over €41 million in capital in December 2017, 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 and will therefore be exempt from dividend tax. Total share capital in issue will be unchanged and the CET I ratio will remain well ahead of Van Lanschot Kempen's capital objective of 15-17% even after the return of capital.

The proposed return of capital represents the next step in the implementation of Van Lanschot Kempen's capital strategy. Its aim is to return at least €250 million to shareholders in the period up to and including 2020, subject to the approval of its regulator. Including the capital return approved today, over €90 million of this is returned to shareholders.

Proposed dates related to capital return:
Ex-date 18 December 2017
Record date 19 December 2017
Payment date 20 December 2017

Van Lanschot Kempen NV published this content on 11 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 October 2017 10:24:11 UTC.

Original documenthttps://www.vanlanschotkempen.com/en/news/press-releases/2017-10-11-van-lanschot-kempen-s-shareholders-agree-to-proposed-return-of-capital

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