SOURCE: Van Lanschot

August 07, 2006 11:56 ET

Van Lanschot approves request by Delta Lloyd to convert B shares

At the request of Delta Lloyd, the Supervisory Board and the Board of Managing Directors of Van Lanschot NV have agreed to the conversion into depositary receipts for A shares of the B shares held by Delta Lloyd. Delta Lloyd holds 13.02% of the share capital of Van Lanschot NV in the form of Ordinary B Shares.

'S-HERTOGENBOSCH, NETHERLANDS -- (MARKET WIRE) -- August 7, 2006 -- Van Lanschot's issued share capital comprises Ordinary A Shares and Ordinary B Shares. The Ordinary A Shares are held by Stichting Administratiekantoor van gewone aandelen A Van Lanschot, which has issued depositary receipts for these shares. The depositary receipts are listed on the Official Market of the Euronext Amsterdam Stock Exchange. The Ordinary B Shares are held by a number of large shareholders, including Delta Lloyd. Under the Articles of Association of Van Lanschot NV, conversion of the Ordinary B Shares requires the prior approval of the Supervisory Board and the Board of Managing Directors.

The conversion is to take place in three tranches, with the first tranche converted today.

F. van Lanschot Bankiers NV is the oldest independent bank in the Netherlands, with a history dating back to 1737. The bank focuses on two target groups: high net-worth individuals and medium-sized businesses (including family businesses). Van Lanschot stands for high-quality services founded on integrated advice, personal service and customised solutions. Van Lanschot NV is listed on the Euronext Amsterdam Stock Market.

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Contact Information

  • Investor Relations for Van Lanschot:
    Geraldine A.M. Bakker-Grier
    Investor Relations Manager
    Telephone +31 (0)73 548 33 50
    mobile +31 (0)6 13 976 401
    fax +31 (0)73 548 33 49