October 07, 2009 12:23 ET

Return dividend tax

AMSTERDAM, NETHERLANDS--(Marketwire - October 7, 2009) -

Receivers of Van der Moolen Holding N.V. announce that one of the foreign subsidiaries has received notification that it will receive an amount of EUR 32 million as a result of reclaimed dividend tax related to the year 2008. The receipt will be based on the tax return of this subsidiary of the year 2008. The involved tax authority has announced the intention to start an audit on the tax return that resulted in the reclaim. This audit will start in October.

The announced repayment and the result of the audit are of significant influence on the estates of several of the entities within the Van der Moolen group that are currently in the state of bankruptcy, as well as involved creditors and employees of these entities. In the current liquidation process of Van der Moolen Holding N.V., the repayment will not affect the position of the holders of common shares.

Disclaimer: This press release contains forward-looking statements. All statements regarding our future financial condition, results of operations and business strategy, plans and objectives are forward-looking. Statements containing the words "anticipate," "believe," "intend," "estimate," "expect," "hope," and words of similar meaning are forward-looking. In particular, the following are forward-looking in nature: statements with regard to strategy and management objectives; pending or potential acquisitions; pending or potential litigation and government investigations, including litigation and investigations concerning specialist trading in the U.S.; future revenue sources; the effects of changes or prospective changes in the regulation or structure of the securities exchanges on which our subsidiaries operate; and trends in results, performance, achievements or conditions in the markets in which we operate. These forward-looking statements involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our results, performance, achievements or conditions in the markets in which we operate to differ, possibly materially, from those expressed or implied in these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements, which reflect our management's view only as of the date of this Press Release. We have no obligation to update these forward-looking statements.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2009. All rights reserved.

Contact Information

  • For further information please contact
    Investor Relations/Corporate Communications
    telephone +31 (0)20 535 6789