Share information
Listing
Delta Lloyd N.V. is listed and traded on the Amsterdam stock exchange, NYSE Euronext Amsterdam since 3 November 2009. The share trades under the symbol “DL”.
Dividend policy
The executive board of Delta Lloyd will target a dividend payout ratio of around 40-45% of the net operational result (i.e. operational result after tax and minority interests) on the ordinary shares. The executive board of Delta Lloyd aims to deliver a stable dividend and aims to have a corresponding Delta Lloyd Group solvency ratio in the range of 160% to 175% of the minimum regulatory requirements.
By using net operational result Delta Lloyd believes it will provide for a more stable dividend than if the dividend policy was based on volatile IFRS results. Operational result consists of the (technical) results made on its business activities plus a long term investment return attributable to shareholders excluding incidentals/one-offs.
Delta Lloyd intends to pay an annual interim dividend and an annual final dividend on ordinary shares, with a split of approximately 45% at the interim and 55% at the final dividend. The first dividend (if any) on ordinary shares following the Offering will be a final dividend determined in respect of the year 2009 and will be paid after the annual General Meeting to be held in 2010.
By using net operational result Delta Lloyd believes it will provide for a more stable dividend than if the dividend policy was based on volatile IFRS results. Operational result consists of the (technical) results made on its business activities plus a long term investment return attributable to shareholders excluding incidentals/one-offs.
Delta Lloyd intends to pay an annual interim dividend and an annual final dividend on ordinary shares, with a split of approximately 45% at the interim and 55% at the final dividend. The first dividend (if any) on ordinary shares following the Offering will be a final dividend determined in respect of the year 2009 and will be paid after the annual General Meeting to be held in 2010.
Proposed 2009 dividend
Based on the achieved operational result after tax and non-controlling interests for FY2009, Delta Lloyd Group proposes to pay out a dividend of € 82.8 million, or € 0.50 per ordinary share, from the share premium account. The shareholder can elect to have the dividend paid out either wholly in cash or wholly in shares. The stock dividend will have approximately the same value as the cash dividend and will be charged to the share premium account.
Delta Lloyd Group determines the value of the stock dividend using a share fraction based on the
weighted average closing price over a period of five trading days (to allow for the prevailing market
price) prior to the definite determination of the dividend. The shareholders can state whether they
wish to receive the dividend in cash or in shares up to and including 16 June 2010. The number of dividend coupons entitling the holder to one new ordinary share (with a nominal value
of € 0.20) will be determined on 16 June 2010 after 5.30 p.m., based on the weighted average quoted closing price on NYSE Euronext Amsterdam for the five trading days from 10 June 2010 to 16 June 2010. If no choice is indicated, the dividend will be paid out in cash.
Proposed dates for 2009 dividend
Ex-dividend date: Monday 31 May
Record date: Wednesday 2 June
Start of dividend election period: Thursday 3 June
End of dividend election period: Wednesday 16 June
Payment date: Thursday 24 June
The above proposed dividend is subject to approval at the General Annual Meeting of Shareholders that will be held in the city of Amsterdam on 27 May 2010.
Delta Lloyd Group determines the value of the stock dividend using a share fraction based on the
weighted average closing price over a period of five trading days (to allow for the prevailing market
price) prior to the definite determination of the dividend. The shareholders can state whether they
wish to receive the dividend in cash or in shares up to and including 16 June 2010. The number of dividend coupons entitling the holder to one new ordinary share (with a nominal value
of € 0.20) will be determined on 16 June 2010 after 5.30 p.m., based on the weighted average quoted closing price on NYSE Euronext Amsterdam for the five trading days from 10 June 2010 to 16 June 2010. If no choice is indicated, the dividend will be paid out in cash.
Proposed dates for 2009 dividend
Ex-dividend date: Monday 31 May
Record date: Wednesday 2 June
Start of dividend election period: Thursday 3 June
End of dividend election period: Wednesday 16 June
Payment date: Thursday 24 June
The above proposed dividend is subject to approval at the General Annual Meeting of Shareholders that will be held in the city of Amsterdam on 27 May 2010.
Our major shareholders
The Financial Markets Supervision Act imposes a duty to disclose percentage holdings in the capital and/or voting rights in the company when such holding reaches, exceeds or falls below 5%, 10%, 15%, 20%, 25%, 30%, 40%, 50%, 60%, 75% and 95%. Such disclosure must be made to the AFM without delay, who then notifies the company.
You can find the notifications on the AFM website.
You can find the notifications on the AFM website.
Shareholder policy
Below you can find the Dutch shareholder policy based on the committee Frijns.
