said April 8that, in connection with its rights issue, it received subscriptions for 218,813,777offer shares through the valid exercise of transferable subscription rights byeligible holders of such rights, representing a take-up of approximately 96.15%of the aggregate shares in the offering.
Theexercise period for the rights ended 2:00 p.m. CET April 7.
The companyon April 8 sold 8,754,166 offer shares by way of private placements toinstitutional investors in the Netherlands, Belgium and certain other eligiblejurisdictions at a price of €4.10 per rump share.
GoldmanSachs International, Barclays Bank Plc and Merrill Lynch International, thejoint book runners on the rights issue, led the rump offering.
Theaggregate proceeds for the rump shares sold in the rump offering exceeded theaggregate issue price for such rump shares by €1.25 per rump share. Accordingly,each holder of a right that was not exercised at the end of the exercise periodwill be entitled to receive €1.25 in cash, for each unexercised right reflectedin such holder's securities account.
The unexercised rights payments will be distributed as soonas practicable after the settlement date April 11 and will be credited to thoseholders through the facilities of Euroclear Nederland.
Tradingof the offer shares is expected to commence on Euronext Amsterdam and EuronextBrussels at 9:00 a.m. CET on or about April 11, barring unforeseencircumstances. Uponsettlement, the number of Delta Lloyd ordinary shares outstanding will total455,135,886.