Press Information

19. 03. 2008

On 19 March 2008 we announced our consolidated financial results for the period ending 31 December 2007. The year 2007 was a record year for us from a financial results, an operating and property portfolio expansion point of view. In addition, with the initial public offering (“IPO”) which was successfully completed, including the exercise of the overallotment option, at the end of December 2007, we are now well placed and have a strong basis to secure its future development and growth

For detailed information see the Press Release section.


15. 02. 2008

VGP (Euronext Brussels – VGP) will publish its annual results on Wednesday March 19 at 6pm.

For further information:

VGP
Dirk Stoop
CFO and IR
Tel.: +32 2 737 74 06
e-mail: dirk.stoop@vgpparks.eu


29. 12. 2007

On 21 December 2007 KBC Securities has exercised the overallotment option in its entirety for all 304,362 VGP shares (without VVPR strip). The warrant was exercised at the IPO price of €15.25 per share for approximately €4.6 million. As a consequence, the total number of new shares issued in the offering amounts to 3,583,050, corresponding with approximately €54,6 million and 19.3% of the share capital of VGP which is represented by 18,583,050 shares (after exercise of the overallotment option).

On 21 December 2007 the stabilisation period has been ended. No stabilisation transactions have been performed.


06. 12. 2007

Successful IPO on Euronext Brussels and Prague Stock Exchange

As from 7 December 2007 the shares will be listed on Eurolist by Euronext Brussels and on the Main Market of the Prague Stock Exchange.

The IPO was priced at €15.25 per share. Pursuant to the offering, 3,278,688 new shares, equivalent to €50 million will be issued. In addition, 304,362 over-allotment shares, equivalent to €4.6 million will be allocated. If the over-allotment option is exercised in full, the total amount of the capital increase will amount to €54.6 million.

KBC Securities acted as Global Co-ordinator and Bookrunner and ING Belgium acted as Co-Lead Manager to the offering.

Commenting on today’s announcement, Mr Jan Van Geet, VGP’s Chief Executive Officer, said: “We are delighted to have successfully completed our IPO after having sailed turbulent markets over the past few weeks. Despite these difficult markets that have caused other ongoing IPO-processes to be pulled or revised in terms of structure/pricing, we have received a warm welcome from retail investors both in Belgium and the Czech Republic and have been able to secure interest from solid institutional investors, demonstrating the strength of our business model and the strong prospects that lie ahead of us.”

Offer result highlights

The final IPO price was set at €15.25 per share and applies to both retail and institutional investors.

The base offering was fully subscribed by in total 731 investors,

Retail investors will be allocated 100% of their requested shares. Belgian retail investors will receive a corresponding number of VVPR-strips.


Family and friends of the VGP founders have invested €41.5 million in new equity at the same IPO price and will be allotted new shares for this full amount.

As a result of this IPO, VGP will raise €50 million worth of gross proceeds. Together with the existing shares, the number of outstanding shares (before the over-allotment option) will amount to18,278,688, representing a market capitalisation of approximately € 280 million immediately after the IPO.


The Global Coordinator and Bookrunner has been granted an over-allotment option by VGP, exercisable from the listing date (7 December 2007) and until 30 days thereafter. If the overallotment option is exercised in full, the total amount of the capital increase will amount to €54.6 million.

The shares and VVPR strips will be listed and traded on Eurolist by Euronext Brussels on an “as-ifand- when-issued-and-delivered” basis as of 7 December 2007. As from the same date, the shares will be traded on the Prague Stock Exchange. Delivery and payment of the VGP shares is expected to occur on 11 December 2007. Upon closing of the offering scheduled for 11 December 2007, the shares will be listed unconditionally on Eurolist by Euronext Brussels and the Main Market of the Prague Stock Exchange. The closing of the offering and the delivery of the shares are subject to certain conditions and can be suspended or even be cancelled


20. 11. 2007

BRUSSELS, Belgium - 20 November 2007 – VGP, the real estate group specialised in the development and management of semi-industrial real estate in the mid-European region, today announced the launch of its Initial Public Offering (the "IPO" or "Offering") on Eurolist by Euronext Brussels (Belgium) and the Main Market of the Prague Stock Exchange (Czech Republic). KBC Securities NV is acting as Global Coordinator & Bookrunner, with ING Belgium N.V. acting as Co- Lead Manager to the Offering.


Press Contact

Petra Vanclová

VGP - industriální stavby s.r.o.


Červený dvůr
Jenišovice 59 CZ-468 33,
Czech Republic

+420 226 212 001