Press Information

25. 11. 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

 


20. 11. 2013

VGP NV announces that it makes a public offer in Belgium of retail bonds due 6 December 2018 for an expected amount of minimum € 40 million
and maximum € 75 million.

The fixed rate of the bonds is 5.10% (gross) per year.

The bonds will be issued in denomination of € 1,000. The subscription period runs from 22 November 2013 until and including 29 November
2013, subject to early closing. The issue date is planned on 6 December 2013. Application has been made for the bonds to be listed on the regulated market NYSE Euronext Brussels and to be admitted to trading on the regulated market of NYSE Euronext Brussels.

KBC Bank NV will act as sole manager and bookrunner for this issuance.

A full prospectus detailing the transaction and its terms, drawn up in English, as well as a Dutch and French translation of the summary of such prospectus, can be obtained free of charge as from 20 November 2013 (before opening of the stock exchange) from VGP NV's head office, and may be consulted as from 20 November 2013 on the VGP NV website (www.vgpparks.eu) and at KBC Bank NV in each KBC Bank office, with your KBC Private Banking relationship manager, through the KBC Telecenter (which can be reached at its phone number 078 152 153) and
on the website (www.kbc.be/vgp).

The proceeds of the bonds will be primarily used for investing in the land bank and the development pipeline in Germany.

more information

 


14. 11. 2013

The encouraging increase in demand for new lettable space observed during the first half of 2013 gained momentum during the third quarter of 2013. VGP recorded a significant increase in demand, not only in Germany where we are now firmly established, but also in most of our other parks i.e. especially in VGP's home market Czech Republic, in Estonia and in Romania. - read more

 


11. 09. 2013

We are glad to announce that next week the construction of the first building will start in Germany at VGP Park Bingen. A new warehouse of approximately 6 000 sqm will be built for Custom Chrome Europe, a specialised supplier of parts and accessories for Harley-Davidson motorcycles.


26. 08. 2013

  • Net profit for the period of € 9.1 million (+ € 3.1 million against 1H 2012)
  • 122,321 m² of new leases signed or renewed representing € 6.2 million of committed annualised rent income, of which 93,875 m² (€ 4.6 million) on behalf of associates
  • The signed committed lease agreements represent a total of 122,454 m² of lettable area with the weighted average term of the committed leases standing at 8.8 years at the end of June 2013
  • 50.4 % growth in property portfolio (+ € 51.2 million) to € 152.9 million
  • 6 projects under construction representing 85,218 m² of future lettable area
  • 634,000 m² of new development land acquired with another 370,000 m² land plots targeted and already partially committed to expand land bank and support development pipeline
  • Acquisition of the Czech facility manager SUTA s.ro.
  • Successful placement on 12 July 2013 of a 4 year € 75 million bond
  • The Board of Directors has decided to convene an Extraordinary Shareholders’ Meeting to approve a further capital reduction in cash of € 7.6 million (€ 0.41 per share) to be paid from the excess cash available at the end of June 2013

(More in Investors - Press releases)


Press Contact

Petra Vanclová

VGP - industriální stavby s.r.o.


Červený dvůr
Jenišovice 59 CZ-468 33,
Czech Republic

+420 226 212 001