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VGP NV: Enters Euronext Brussels’ Bel20 Index

VGP, a European provider of high-quality logistics and semi-industrial real estate, will be included in the Euronext Brussels’ BEL20 Index, effective at the European markets’ after market close on Friday the 18th of March, 2022, Euronext announced today.

Comprised of the Euronext Brussels’ 20 largest listed companies ranked by free float adjusted market capitalisation and liquidity, the BEL20 Index is one of Euronext’s classic Blue Chip Indices.

Jan Van Geet, CEO and Founder of VGP, said: “For VGP the inclusion in the BEL20 Index is another milestone in our 24 year history and will increase our visibility in the market.  Going forward, we will continue to focus on executing our strategy to achieve our objectives of creating value for our clients, partners, shareholders and for the communities in which we operate.”

Founded in 1998 as a family-owned Belgian company in the Czech Republic, VGP has been listed on Euronext Brussels since 2007. Today the Group has a staff of circa 350 employees and owns and operates assets in 14 European countries directly and through several 50:50 joint ventures.

The admission is based on the company’s listing on Euronext Brussels, its market capitalisation, the free float of shares and their liquidity. This list of 20 companies is revised quarterly with an annual review in March.

VGP contributes €3 million for Ukrainian refugee support in neighboring countries

VGP  announced also a charitable contribution of €3 million to support refugees from Ukraine in Slovakia, Hungary and Romania. VGP deplores the violation of international law and the aggression of the Russian regime against Ukraine. More than one million people have already fled the country according to the United Nations High Commissioner for Refugees (UNHCR) and that number is expected to climb into the millions as the situation continues to unfold. Jan Van Geet, CEO and Founder of VGP, said: “VGP has a long-standing presence in Slovakia, Hungary and Romania, all three neighboring countries of Ukraine. In light of the emergency and paramount humanitarian needs of refugees from Ukraine, we have decided to make a €3 million contribution, made up of a €1 million local philanthropic contribution in each of these three countries. Given how rapidly events are unfolding on the ground, our Group will deploy the resources locally, in close cooperation with respective VGP country management, to select humanitarian relief organizations as recognized by UNHCR. As a Group, VGP will continue to monitor the situation and support efforts to bring peace to the region.”

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 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).

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