VGP NV: Voting Rights and Denominator
May 02 2022 - 12:00AM
VGP NV: Voting Rights and Denominator
Antwerp, 2 May 2022– 07.00 a.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 30 April
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: |
11,658,636 |
Total number of voting rights (=
denominator): |
33,491,686 |
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
- 2022.05.02_VGP_Disclosure Transparency Law_Voting rights and
denominator_EN
VGP NV (EU:VGP)
Historical Stock Chart
From Mar 2025 to Apr 2025
VGP NV (EU:VGP)
Historical Stock Chart
From Apr 2024 to Apr 2025