VGP NV:Successful placement of 766,203 shares P
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Press Release Regulated Information
Zele, 30 March 2017
Successful placement of 766,203 shares
VGP NV ("VGP") has been informed that a private placement of 766,203 shares, belonging to VM Invest NV, has been successfully completed.
The 766,203 shares were placed by KBC Securities NV, with a broad base of institutional investors at the price of 60.00 euro per share, which results in a discount of 12.4% compared to yesterday's closing price, 29 March 2017.
Trading of the VGP share on Euronext Brussels has been suspended since this morning following this private placement and will be resumed as soon as possible after the publication of this press release.
For more information
| Mr Jan Van Geet | Mr Dirk Stoop |
| CEO | CFO |
| Tel. + 420 602 404 790 | Tel.+32 52 45 43 86 |
| E-mail: jan.van.geet@vgpparks.eu | E-mail: dirk.stoop@vgpparks.eu |
Profile
VGP ( www.vgpparks.eu ) constructs and develops high-end logistic real estate for its own account and for the account of its VGP European Logistics joint venture (50:50 joint venture between Allianz Real Estate and VGP), which are subsequently rented out to reputable clients on long term lease contracts. VGP has an in-house team which manages all activities of the fully integrated business model: from identification and acquisition of land, to the conceptualisation and design of the project, the supervision of the construction works, contracts with potential tenants and the asset- and property management.
VGP is quoted on Euronext Brussels and the Main Market of the Prague Stock Exchange.
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