VGP launches € 250 million private placement share sale via accelerated bookbuild

  • VGP launched capital increase targeting about EUR 250 million via private placement of new shares in accelerated bookbuild to international institutional investors, with preferential subscription rights cancelled.
  • Reference shareholder Jan Van Geet committed to subscribe pro rata to his 32.02% stake at issue price set in bookbuild, with guaranteed allocation for that pro rata amount.
  • Trading in shares on Euronext Brussels was requested to be suspended until results are published, expected around May 7, 2026.
  • Net proceeds earmarked to accelerate investment pipeline, support new developments planned to start in 2026 covering more than 100,000 sqm, while strengthening balance sheet.
  • Pro forma gearing ratio impact estimated at 6.2%, cutting it to 29.1% from 35.3% at Dec. 31, 2025.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VGP NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605070550OMX_____CNEWS_EN_GNW1001180558_en) on May 07, 2026, and is solely responsible for the information contained therein.