VGP NV: Voting Rights and Denominator

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Regulated Information
Antwerp, 31 October 2022– 06.00 p.m. CET

In software of Article 15 of the Law of May 2, 2007 on the disclosure of main shareholdings in issuers whose shares are admitted for buying and selling on a regulated market, VGP publishes, by way of a press launch and on its web site, the overall share capital, the overall variety of securities with voting rights and the overall variety of voting rights on the newest on the finish of every month by which any of those numbers has modified. 

Situation as at 31 October 2022

Total share capital: EUR 108,873,366.06
Total variety of securities with voting proper: 21,833,050
Total variety of securities with double voting proper: 11,664,732
Total variety of voting rights (= denominator): 33,497,782

This state of affairs (the denominator) serves as a foundation for the notification of main shareholdings by shareholders.

In accordance with Article 7:53 of the Code on firms and associations and Article 29 of the Articles of Association, totally paid-up registered shares which were registered within the share register within the identify of the identical shareholder for at the least two consecutive years grant double voting rights. Dematerialised shares don’t profit from the double voting proper. The methodology utilized by VGP to calculate the holding interval of two consecutive years is the LIFO (“last in, first out”) methodology, i.e.: for a similar registered shareholder, the shares that the latter has most just lately acquired are the primary shares that shall be deducted from his whole quantity of registered shares if he/she transfers shares to a 3rd occasion. Any share transformed right into a dematerialised share or the possession of which is transferred loses the double voting proper as from its dematerialisation or entry of its switch in VGP’s share register. It is due to this fact essential that VGP be stored knowledgeable of any switch of registered shares by the transferor and/or the transferee promptly on the time of every switch to be able to allow VGP to maintain its register of registered shares and, consequently, the variety of registered shares with double voting rights updated.

ABOUT VGP

VGP is a pan-European developer, supervisor and proprietor of high-quality logistics and semi-industrial actual property. VGP operates a totally built-in business mannequin with capabilities and longstanding experience throughout the worth chain. The firm has a improvement land financial institution (owned or dedicated) of 11.31 million m2 and the strategic focus is on the event of business parks. Founded in 1998 as a Belgian family-owned actual property developer within the Czech Republic, VGP with a workers of circa 380 FTEs immediately and operates in 19 European international locations immediately and by means of a number of 50:50 joint ventures. As of June 2022, the Gross Asset Value of VGP, together with the joint ventures at 100%, amounted to € 6.53 billion and the corporate had a Net Asset Value (EPRA NTA) of € 2.34 billion. VGP is listed on Euronext Brussels. (ISIN: BE0003878957). For extra data, please go to: http://www.vgpparks.eu

  • 2022.10.31_VGP_Disclosure Transparency Law_Voting rights and denominator_EN



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