In accordance with the announcement at the General Meeting of Shareholders on 22 April 2013 BinckBank completes its share buyback program today. BinckBank announced on 16 December 2011 that it started its share buyback program. In the period from 16 December 2011 up to and including 28 June 2013, 4,101,397 shares have been repurchased under the share buyback program, for an average price of € 6.7890 per share.
| Status | Shares | Average rate | Total |
| 2011 | 122,097 | € 7.89 | €1.0 million |
| 2012 | 2,719,897 | € 6.58 | € 17.9 million |
| 2013 | 1,259,403 | € 7.15 | € 9.0 million |
| Total | 4,101,397 | € 6.79 | €27.9 million |
The repurchase of shares has been approved by the shareholders. At the shareholders' meeting on 26 April 2011, Stichting Prioriteit Binck was granted a mandate for a period of 18 months to authorise the executive board of BinckBank to acquire up to 10% of the ordinary shares or depositary receipts for shares in BinckBank's capital. The Stichting Prioriteit granted this authorisation on 15 December 2011.
Following the share buyback program BinckBank announces that it has bought 63,997 shares at an average purchase price of € 6.3485 during the period 24 June 2013 up to and including 28 June 2013. The definite price will be calculated on a monthly basis and can as such deviate from the average weekly price.
In June 2013 a total of 226,932 shares were bought against an average price of € 6.6099 per share. The execution of the share buyback program is outsourced by BinckBank to ING in full compliance with the Safe Harbour provision of EC Regulation 2273/2003. ING will act independently and without the involvement of BinckBank.
About BinckBank N.V.
BinckBank is an online bank for investors, ranked in the top five in Europe. As an online broker, it offers its clients fast, low-cost access to all the important financial markets around the world. As an online bank for investors, BinckBank helps its clients look after their capital with BinckBank's online asset management services and online savings. BinckBank offers its professional clients fast, low-cost order execution and administrative processing of securities and cash transactions, in the form of insourcing (client BPO) or licensing of the appropriate software.
BinckBank is an independent online bank for investors, which is listed on Euronext Amsterdam. We have offices in the Netherlands, Belgium, France, Italy, and Spain. BinckBank has 590 FTEs at end of 2012. Our operations are split into two business units: Retail and Professional Services. BinckBank was formed in 2000 and has now more 647,000 account holders.
Public Relations:
Harmen van der Schoor
t: +31 (0)20 522 03 78
e: hvdschoor@binck.nl
Investor Relations:
Nelleke Nederlof
t: +31 (0)20 522 03 72
e: nnederlof@binck.nl
BinckBank N.V.
Barbara Strozzilaan 310
1083 HN Amsterdam
www.binck.com
