VGP NV: Voting Rights and Denominator
March 31 2022 - 11:00AM
VGP NV: Voting Rights and Denominator
Antwerp, 31 March 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 31
March 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: |
10,577,872 |
Total number of voting rights (=
denominator): |
32,410,922 |
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 VGP
VGP 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 31 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
- 2022.03.31_VGP_Disclosure Transparency Law_Voting rights and
denominator_EN
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