Antwerp, 7 September 2020– 06:00 p.m. CET
Transparency notification by VGP NV
VGP NV has received a transparency notification dated 7 September 2020 that, by virtue of a private placement of all the shares in VGP NV held by VGP Belgium NV via an accelerated bookbuild offering, VGP NV, who has exclusive control over VGP Belgium NV, now holds less than 3% of the voting rights, which is below the lowest reporting threshold.
The notification dated 7 September 2020 contains the following information:
·Reason for notification:
Acquisition or disposal of voting securities or voting rights
Downward crossing of the lowest threshold.
A parent undertaking or a controlling person.
·Persons subject to the notification requirement:
VGP Belgium NV, Uitbreidingstraat 72, bus 7, 2600 Antwerpen
VGP NV, Uitbreidingstraat 72, bus 7, 2600 Antwerpen
·Date on which the threshold is crossed:
7 September 2020.
·Threshold that is crossed:
|Previous notification||After the transaction|
|Number of voting rights||Number of voting rights||% of voting rights|
|VGP Belgium NV||929,153||-||-|
·Chain of controlled undertakings through which the holding is effectively held:
VGP Belgium NV is controlled exclusively by VGP NV.
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).