VGP to launch private placement of 929,153 existing shares via an accelerated bookbuild offering

Regulated Information – Inside information

2 September 2020, 2:30 pm, Antwerp (Berchem), Belgium: VGP NV (‘VGP’ or ‘the Group’), a leading European provider of high-quality logistics and semi-industrial real estate, announces the following:

• VGP Belgium NV, a 100% subsidiary of VGP NV and formerly named VGP MISV Comm. VA, is launching an offering of existing shares of VGP (the “Shares”) in cash by means of a private placement via an accelerated bookbuild offering with institutional investors (the ‘Placement’).
• The Placement covers up to 929,153 Shares held by VGP Belgium NV, corresponding to a maximum of 4.51% of the share capital of VGP.
• The accelerated bookbuild procedure will start immediately after publication of this press release.
• VGP has requested that trading of the Shares on the Euronext Brussels and Prague Stock Exchange regulated markets be suspended until the results of the Placement are published in a press release, which is expected on or around 3 September 2020.
• The net proceeds from this Placement will be received by VGP Belgium NV and will be used by the Group to further finance the development of current projects under construction and new pre-let projects as well as the selective expansion of the land bank.