Press Release
Regulated Information
Brussels, 22 November 2013
VGP NV raises € 75 million with bond issue after first day
VGP announces that the public offer in Belgium for a retail bond has been closed, in consultation with the Lead Manager, KBC Bank NV, after the first day of the subscription period because the maximum amount of € 75 million was largely achieved.
The Lead Manager received a total amount of subscriptions that is circa 3 times higher than the maximum issue amount expected of € 75 million. For this reason, subscriptions will be reduced accordingly. The investors will receive more information in this regard via their financial intermediary.
The bonds will be issued on 6 December 2013 and will be admitted to trading on the regulated market of NYSE Euronext Brussels.
More information on this public offer is set forth in the prospectus dated 19 November 2013 approved by the Financial Services and Markets Authority ("FSMA") and available at www.vgpparks.eu and www.kbc.be
For more information
| Mr Jan Van Geet | Mr Dirk Stoop |
| CEO | CFO |
| Tel. + 42 0602 404 790 | Tel.+32 2 737 74 06 |
| E-mail: jan.van.geet@vgpparks.eu | E-mail: dirk.stoop@vgpparks.eu |
Profile
The VGP Group (www.vgpparks.eu) constructs and develops high-end semi-industrial real estate and ancillary offices for its own account and the account of its associates, which are subsequently rented out to reputable clients on long term lease contracts. The VGP Group 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 facility management of its own real estate portfolio.
The shares of VGP NV are quoted on NYSE Euronext Brussels and the Main Market of the Prague Stock Exchange.