Highfields

As Delta Lloyd’s largest shareholder, Highfields Capital Management LP is firmly opposed to management’s unnecessary and dilutive proposed rights offering. Shareholders deserve a full accounting of the motivations behind the rights offering, and the facts speak for themselves. Delta Lloyd is adequately capitalized today and will have sufficient capital even in a severe scenario. Management has created a series of false crises to justify raising excessive new shareholder capital and serve its own misaligned interests. A “No” vote will provide shareholders with the best outcome through improved capital generation, organic growth and a range of other outcomes.

Highfields did not intend to have a dispute with Delta Lloyd management, but the company has been so unresponsive to our concerns, and their actions so detrimental to shareholders, that we have found ourselves with no choice but to publicly voice our opposition to this rights issue.

Highfields

Why Vote “No”?

  • I.Delta Lloyd is adequately capitalized today
  • II.Management has created a series of false crises to justify the capital raise
  • III.Shareholders benefit by voting “No”
Your Voting Deadline may be March 3rd or 4th
Depending on your Broker or Custodian
We invite you to view our presentation or press releases by using the links below:
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Contact Info
Email: DeltaLloydInfo@highfieldscapital.com
Mailing Address:
Highfields Capital Management LP
Re: Delta Lloyd
200 Clarendon Street
Boston, MA 02116

 

 

 

Highfields