Van der Moolen expects operational loss in Q2>

Van der Moolen expects operational loss in Q2>

ID: 3666

Van der Moolen expects operational loss in Q2

(Thomson Reuters ONE) - AMSTERDAM - Van der Moolen Holding N.V. (international trading andbrokerage in listed equities and derivatives) announces today that itexpects to make an operational loss of between ? 7 million and ? 8million in the second quarter of 2009.Because of the disappointing results Mr. Richard den Drijver hasdecided, in the interest of the company, to step down as chairman ofthe Executive Board of Van der Moolen. After his resignation Mr. DenDrijver will however remain involved with the company as an advisorin order for Van der Moolen to retain his knowledge and experience.The Supervisory Board shall for the foreseeable future act asExecutive Board of Van der Moolen. Their focus will be to securefinancing in the short-term, to return to the core activities and tocontinue to reduce costs.For further informationFor further information please contact Investor Relations/CorporateCommunications, telephone +31 (0)20 535 6789.www.vandermoolen.comDisclaimer:This press release contains forward-looking statements. Allstatements regarding our future financial condition, results ofoperations and business strategy, plans and objectives areforward-looking. Statements containing the words "anticipate,""believe," "intend," "estimate," "expect," "hope," and words ofsimilar meaning are forward-looking. In particular, the following areforward-looking in nature: statements with regard to strategy andmanagement objectives; pending or potential acquisitions; pending orpotential litigation and government investigations, includinglitigation and investigations concerning specialist trading in theU.S.; future revenue sources; the effects of changes or prospectivechanges in the regulation or structure of the securities exchanges onwhich our subsidiaries operate; and trends in results, performance,achievements or conditions in the markets in which we operate. Theseforward-looking statements involve risks, uncertainties and otherfactors, some of which are beyond our control, which may cause ourresults, performance, achievements or conditions in the markets inwhich we operate to differ, possibly materially, from those expressedor implied in these forward-looking statements. We caution you not toplace undue reliance on these forward-looking statements, whichreflect our management's view only as of the date of this PressRelease. We have no obligation to update these forward-lookingstatementshttp://hugin.info/130805/R/1329426/313849.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 17.07.2009 - 00:46 Uhr
Sprache: Deutsch
News-ID 3666
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