Brief: Van Lanschot Kempen To Return Capital Of 1.50 Euros Per Share

Van Lanschot Kempen NV

11/12/2018 17:06

Dec 11 (Reuters) - VAN LANSCHOT KEMPEN NV  VLAN.AS :
    * WILL RETURN TO ITS SHAREHOLDERS THE PREVIOUSLY ANNOUNCED
AMOUNT
OF €1.50 PER CLASS A SHARE IN ISSUE, TOTALLING OVER €60 MILLION.
    * AIM IS TO RETURN AT LEAST EUR 250 MILLION TO SHAREHOLDERS
IN
PERIOD UP TO AND INCLUDING 2020
    * THIS RETURN OF CAPITAL WILL TAKE TOTAL CAPITAL RETURNED TO
EUR
210 MILLION
    * CET1 RATIO WILL REMAIN WELL AHEAD OF VAN LANSCHOT KEMPEN'S
CAPITAL OBJECTIVE OF 15-17% EVEN AFTER RETURN OF CAPITAL
    * CAPITAL RETURN WILL BE CHARGED TO SHARE PREMIUM RESERVE
AVAILABLE FOR DISTRIBUTION

Source text for Eikon:  ID:nGNE2FKM7X 
Further company coverage:  VLAN.AS 

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