ING AGM adopts 2016 Annual Accounts
(Thomson Reuters ONE) -
The Annual General Meeting (AGM) of ING Groep N.V. adopted the 2016 Annual
Accounts today and declared a total dividend for 2016 of EUR 0.66 per ordinary
share. Taking into account the interim cash dividend of EUR 0.24 paid in August
2016, the final dividend amounts to EUR 0.42 per share, to be paid fully in
cash. ING's shares will be quoted ex-dividend on Euronext Amsterdam as of 10 May
2017, coinciding with the publication of ING's first quarter 2017 results. The
record date for the final dividend 2016 entitlement is 11 May 2017. The final
dividend will be made payable on 18 May 2017. For holders of American Depositary
Receipts (ADR), the final dividend will be made payable on 25 May 2017.
The AGM reappointed CEO Ralph Hamers and appointed Koos Timmermans and Steven
van Rijswijk as members to the Executive Board of ING. As announced on 16 March
2017, Koos Timmermans will become chief financial officer, succeeding Patrick
Flynn, who has decided to pursue his career outside of ING. Steven van Rijswijk
will succeed Wilfred Nagel who continues as a member of the Executive Board and
chief risk officer until 1 August 2017. Steven van Rijswijk will become chief
risk officer as per that date.
The AGM reappointed Hermann-Josef Lamberti, Robert Reibestein and Jeroen van der
Veer to the Supervisory Board of ING. In addition, the AGM appointed Jan Peter
Balkenende, Margarete Haase and Hans Wijers as members of the Supervisory Board.
As announced on 16 March 2017, Isabel Martín Castellá has retired from the
Supervisory Board as per the end of the AGM 2017, having reached the ING age
limit for the Supervisory Board members.
After the AGM, the Supervisory Board of ING consists of:
Jeroen van der Veer, Chairman** Margarete Haase*
Jan Peter Balkenende* Hermann-Josef Lamberti
Eric Boyer de la Giroday Robert Reibestein
Henk Breukink Ann Sherry
Mariana Gheorghe Hans Wijers*
*The appointments of Jan Peter Balkenende and Hans Wijers will become effective
as per 1 September 2017. In light of a planned reduction of the total number of
her board positions, the appointment of Margarete Haase will become effective at
a later date upon the decision of the Supervisory Board.
** It is the intention of the Supervisory Board that Hans Wijers succeeds Jeroen
van der Veer as chairman of the Supervisory Board as per the end of the 2018
AGM. Therefore the AGM has reappointed Jeroen van der Veer as member of the
Supervisory Board for a period of one year; i.e. ending per the end of the 2018
AGM.
Note for editors
For further information on ING, please visit www.ing.com. Frequent news updates
can be found in the Newsroom or via the (at)ING_news Twitter feed. Photos of ING
operations, buildings and its executives are available for download at Flickr.
Footage (B-roll) of ING is available via ing.yourmediakit.com or can be
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Press enquiries Investor enquiries
Carolien van der Giessen ING Group Investor Relations
+31 20 576 6836 +31 20 576 6396
Carolien.van.der.Giessen(at)ing.com Investor.Relations(at)ing.com
ING PROFILE
ING is a global financial institution with a strong European base, offering
banking services through its operating company ING Bank. The purpose of ING
Bank is empowering people to stay a step ahead in life and in business. ING
Bank's 52,000 employees offer retail and wholesale banking services to
customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA AS, INGA.AS),
Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability forms an integral part of ING's strategy, which is evidenced by
the number one position among 395 banks ranked by Sustainalytics. ING Group
shares are being included in the FTSE4Good index and in the Dow Jones
Sustainability Index (Europe and World) where ING is among the leaders in the
Banks industry group.
IMPORTANT LEGAL INFORMATION
Elements of this press release contain or may contain information about ING
Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of
EU Regulation No 596/ 2014.
Projects may be subject to regulatory approvals. Insofar as they could have an
impact in Belgium, all projects described are proposed intentions of the bank.
No formal decisions will be taken until the information and consultation
phases with the Work Council have been properly finalised.
Certain of the statements contained herein are not historical facts,
including, without limitation, certain statements made of future expectations
and other forward-looking statements that are based on management's current
views and assumptions and involve known and unknown risks and uncertainties
that could cause actual results, performance or events to differ materially
from those expressed or implied in such statements. Actual results,
performance or events may differ materially from those in such statements due
to a number of factors, including, without limitation: (1) changes in general
economic conditions, in particular economic conditions in ING's core markets,
(2) changes in performance of financial markets, including developing markets,
(3) potential consequences of European Union countries leaving the European
Union or a break-up of the euro, (4) changes in the availability of, and costs
associated with, sources of liquidity such as interbank funding, as well as
conditions in the credit and capital markets generally, including changes in
borrower and counterparty creditworthiness, (5) changes affecting interest
rate levels, (6) changes affecting currency exchange rates, (7) changes in
investor and customer behaviour, (8) changes in general competitive factors,
(9) changes in laws and regulations and the interpretation and application
thereof, (10) geopolitical risks and policies and actions of governmental and
regulatory authorities, (11) changes in standards and interpretations under
International Financial Reporting Standards (IFRS) and the application
thereof, (12) conclusions with regard to purchase accounting assumptions and
methodologies, and other changes in accounting assumptions and methodologies
including changes in valuation of issued securities and credit market
exposure, (13) changes in ownership that could affect the future availability
to us of net operating loss, net capital and built-in loss carry forwards,
(14) changes in credit ratings, (15) the outcome of current and future legal
and regulatory proceedings, (16) ING's ability to achieve its strategy,
including projected operational synergies and cost-saving programmes and
(17) the other risks and uncertainties detailed in the most recent annual
report of ING Groep N.V. (including the Risk Factors contained therein) and
ING's more recent disclosures, including press releases, which are available
on www.ING.com. Many of those factors are beyond ING's control.
Any forward looking statements made by or on behalf of ING speak only as of
the date they are made, and ING assumes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new information
or for any other reason.
This document does not constitute an offer to sell, or a solicitation of an
offer to purchase, any securities in the United States or any other
jurisdiction.
AGM press release:
http://hugin.info/130668/R/2102574/797362.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ING Group via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 08.05.2017 - 18:04 Uhr
Sprache: Deutsch
News-ID 540969
Anzahl Zeichen: 8960
contact information:
Town:
Amsterdam
Kategorie:
Business News
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