Harmony Bank Shareholders Approve Merger With Lakeland Bank; Parties Announce Anticipated Closing Date
June 22 2016 - 11:43AM
Lakeland Bancorp, Inc. (NASDAQ:LBAI) (“Lakeland Bancorp”), the
parent company of Lakeland Bank, and Harmony Bank (OTCPK:HRMB)
announced today that the shareholders of Harmony Bank have approved
the merger of Harmony Bank with and into Lakeland Bank.
Approval of the merger by Lakeland Bancorp’s shareholders was not
required.
The parties also announced that they intend to close the merger
on or about July 1, 2016. All bank regulatory approvals have
been obtained.
Additional Information and Where to Find It
This communication does not constitute an offer
to sell or the solicitation of an offer to buy any securities. In
connection with the merger, Lakeland Bancorp, Inc. filed a
registration statement with the Securities and Exchange Commission,
which was declared effective. The proxy statement and prospectus
contained in the registration statement was mailed to shareholders
of Harmony Bank. On June 22, 2016, the merger was approved by
Harmony Bank’s shareholders. INVESTORS ARE ADVISED TO READ
THE PROXY STATEMENT AND PROSPECTUS BECAUSE IT CONTAINS IMPORTANT
INFORMATION. Copies of the proxy statement and prospectus and other
documents filed by Lakeland Bancorp with the SEC are available free
of charge at the SEC’s website at www.sec.gov. Documents filed by
Lakeland Bancorp may also be accessed and downloaded for free at
Lakeland Bancorp’s website at www.lakelandbank.com or by directing
a request to Investor Relations, Lakeland Bancorp, Inc., 250 Oak
Ridge Road, Oak Ridge, NJ 07438 (973-697-2000). Requests for the
proxy statement and prospectus may also be made to Investor
Relations, Harmony Bank (732-719-3710).
Forward-Looking Statements
This communication contains forward-looking
statements with respect to the timing of consummation of the merger
that are made in reliance upon the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. The words
“anticipates”, “projects”, “intends”, “estimates”, “expects”,
“believes”, “plans”, “may”, “will”, “should”, “could” and other
similar expressions are intended to identify such forward looking
statements. These forward-looking statements speak only as of
the date made, and are subject to numerous assumptions, risks and
uncertainties, all of which may change over time. Neither
Lakeland Bancorp nor Harmony Bank assumes any obligation for
updating any such forward-looking statements at any time.
Contact:
Lakeland Bancorp, Inc.:
Thomas J. Shara
President & CEO
Joseph F. Hurley
EVP & CFO
973-697-2000
Harmony Bank:
Michael A. Schutzer
President & CEO
732-719-3710
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