Tuesday, May 14, 2024

Equity Corporate Actions Alert #2024 - 234
Information Regarding the Merger of Lakeland Bancorp, Inc. (LBAI)

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  • Industry Announcement

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At a special meeting held on February 1, 2023 the shareholders of Lakeland Bancorp, Inc. (LBAI) approved a merger with NL 239 Corp. a wholly owned subsidiary of Provident Financial Services, Inc. (NYSE: PFS). The merger is tentatively scheduled to close May 15, 2024. The details are as follows:

Company/Issue: Lakeland Bancorp, Inc. Common Stock
CUSIP#: 511637100
Symbol: LBAI
Anticipated Last Trading Date: May 15, 2024
Anticipated Marketplace Effective Date for Suspension: May 16, 2024
Merger Consideration: 0.8319 of Provident Financial Services, Inc. (NYSE: PFS) for each share held.


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