VGP NV: Voting Rights and Denominator
February 28 2022 - 11:00AM
VGP NV: Voting Rights and Denominator
Press
ReleaseRegulated
InformationAntwerp, 28 February 2022– 06.00 p.m.
CET.
In application of Article 15 of the Law of May 2, 2007 on the
disclosure of major shareholdings in issuers whose shares are
admitted for trading on a regulated market, VGP publishes, by means
of a press release and on its website, the total share capital, the
total number of securities with voting rights and the total number
of voting rights at the latest at the end of each month in which
any of these numbers has changed.
Situation as at 28 February 2022
Total share capital: |
EUR
108,873,366.06 |
Total number of securities with voting
right: |
21,833,050 |
Total number of securities with double
voting right: |
10,576,672 |
Total number of voting rights (=
denominator): |
32,409,722 |
This situation (the denominator) serves as a basis for the
notification of major shareholdings by shareholders.
In accordance with Article 7:53 of the Code on companies and
associations and Article 29 of the Articles of Association,
fully paid-up registered shares that have been registered in the
share register in the name of the same shareholder for at
least two consecutive years grant double voting
rights. Dematerialised shares do not benefit from the double
voting right. The method used by VGP to calculate the holding
period of two consecutive years is the LIFO ("last in, first out")
method, i.e.: for the same registered shareholder, the shares
that the latter has most recently acquired are the first shares
that will be deducted from his total amount of registered
shares if he/she transfers shares to a third party. Any share
converted into a dematerialised share or the ownership of which is
transferred loses the double voting right as from its
dematerialisation or entry of its transfer in VGP’s share register.
It is therefore important that VGP be kept informed of any
transfer of registered shares by the transferor and/or the
transferee promptly at the time of each transfer in order to enable
VGP to keep its register of registered shares and,
consequently, the number of registered shares with double voting
rights up to date.
About VGPVGP is a 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 10.94 million m² and the strategic focus is on the
development of business parks. Founded in 1998 as a Belgian
family-owned real estate developer in the Czech Republic, VGP with
a staff of circa 350 employees today owns and operates assets in 14
European countries directly and through several 50:50 joint
ventures. As of December 2021, the Gross Asset Value of VGP,
including the joint ventures at 100%, amounted to € 5.75 billion
and the company had a Net Asset Value (EPRA NTA) of € 2.33 billion.
VGP is listed on Euronext Brussels (ISIN: BE0003878957. For more
information, please visit: http://www.vgpparks.eu
- 2022.02.28_VGP_Disclosure Transparency Law_Voting rights and
denominator_EN
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