News
Netherlands: Announcement exchange ratio stock dividend Delta Lloyd
26 August, 2010
With reference to the press release of 5 August 2010 regarding the adoption and payment of the interim dividend for financial year 2010 Delta Lloyd Group announces that the number of dividend rights entitling the holder to two new ordinary shares (with a nominal value of €0.20 each) has been determined at 69.
Based on the weighted average quoted closing price of the Delta Lloyd share on Euronext Amsterdam by NYSE Euronext ("Euronext") for the five consecutive trading days from 19 August 2010 to 25 August 2010 (inclusive) of approximately €13.80, 2/69th part of an ordinary share represents a value of €0.40, which is equal to the value of the cash dividend of €0.40.
Approximately 18.6% of the shareholders has elected to receive the dividend in ordinary shares. The remaining 81.4% will receive the dividend in cash. In this respect 891,858 new ordinary shares will be issued as stock dividend. A request for admission of the ordinary shares to the stock exchange will be submitted to Euronext pursuant to Article 5:4 (e) of the Financial Supervision Act (Wet op het financieel toezicht).
Payment of the dividend and delivery of the ordinary shares will take place on 2 September 2010.
-ends-
More information:
Delta Lloyd Group
Media relations +31 (0) 20 594 44 88
Investor relations +31 (0) 20 594 96 93
Notes to editors:
About Delta Lloyd Group
Delta Lloyd Group is a financial services provider offering life insurance, general insurance, fund management and banking products and services. Delta Lloyd Group's target markets are the Netherlands and Belgium. In the Netherlands it mainly operates under the brand names of Delta Lloyd, OHRA and ABN AMRO Insurance, in Belgium under the Delta Lloyd brand.
