Antwerp, 25 August 2020– 07:00 p.m. CET
Disclosure in accordance with the Law of 2 May 2007 - Transparency law
Transparency notification by Mr Bart Van Malderen
VGP NV has received a transparency notification dated 24 August 2020 that, by virtue of the conversion of VGP MISV Comm. VA (the “Subsidiary”) to a public limited liability company (“Naamloze Vennootschap / Société Anonyme”) and the resignation of its statutory manager, Mr Bart Van Malderen, which occurred on 20 August 2020, Bart Van Malderen no longer controls the Subsidiary. In the framework of this conversion, the Subsidiary changed its name to VGP Belgium.
Together, VM Invest NV and Bart Van Malderen now hold 22.71% of the voting rights of VGP NV. Therefore, their voting rights have fallen below the threshold of 25%.
The notification dated 24 August 2020 contains the following information:
·Reason for notification:
Acquisition or transfer of control of a company holding a participation in an issuer
A parent undertaking or a controlling person.
·Persons subject to the notification requirement:
VM Invest NV, Spinnerijstraat 12, 9240 Zele
Bart Van Malderen
·Date on which the threshold is crossed:
20 August 2020.
·Threshold that is crossed:
|Previous notification||After the transaction|
|Number of voting rights||Number of voting rights||% of voting rights|
|Bart Van Malderen||0||0||0.00%|
|VM Invest NV||6,822,804||6,822,804||22.71%|
|VGP Belgium NV (previously VGP MISV Comm. VA)||929,153||0||0.00%|
·Chain of controlled undertakings through which the holding is effectively held:
VM Invest NV is controlled exclusively by Mr Bart Van Malderen.
VGP is a leading pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate. VGP operates a fully integrated business model with capabilities and longstanding expertise across the value chain. The company has a development land bank (owned or committed) of 6.89 million m² and the strategic focus is on the development of business parks. Founded in 1998 as a family-owned real estate developer in the Czech Republic, VGP with a staff of over 230 employees today owns and operates assets in 12 European countries directly and through three joint ventures with Allianz Real Estate (VGP European Logistics, VGP European Logistics 2 and VGP Park München). As of June 2020, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to €3.23 billion and the company had a Net Asset Value (EPRA NAV) of €1,079 million. VGP is listed on Euronext Brussels and on the Prague Stock Exchange (ISIN: BE0003878957).