Stock Price

VGP is listed on Euronext Brussels (ISIN: BE0003878957). VGP NV is a member of the FTSE EPRA Nareit Developed Europe Index.

2022 Rights Issue

2022 Rights Issue

Voting rights and denominator

The Extraordinary General Shareholders’ Meeting of 8 May 2020 approved the introduction of the double voting right. A double voting right is therefore granted to each VGP share that has been registered for at least two years without interruption under the name of the same shareholder in the register of shares in registered form, in accordance with the procedures detailed in article 29 of the Articles of Association. In accordance with Belgian law, dematerialised shares do not benefit from the double voting right.

In accordance with Articles 7:217 and 7:224 of the Code on companies and associations, voting rights attached to VGP shares held by the company itself or by its subsidiaries have been suspended.

VGP has not issued any other class of shares, such as non-voting or preferential shares.

In accordance with Article 15 of the law of 2 May 2007 regarding the publication of major shareholdings (“transparency law”) VGP must publish, its (i) total share capital, (ii) the total number of securities granting voting rights and (iii) the total number of voting rights, at the latest by the end of each month during which these numbers have increased or decreased.

This information allows VGP’s shareholders to check whether their shareholding has fallen below or risen above one of the total voting right thresholds of 5%, 10%, 15% … (and other multiples of 5) and whether they are therefore obliged to declare the crossing of a threshold. VGP has made use of the possibility offered by the “transparency law” to introduce in its articles of association a more restrictive threshold of three percent (3%) in addition to the thresholds with respect to the transparency obligations imposed by law.

For further information about transparency declaration obligations, refer to the provisions of the law and the royal decree of 14 February 2008 regarding the disclosure of major shareholdings.

 

Dividend

 

Gross Dividend 2021 

Gross Amount (in EUR) Amount per share Payment date Type
149,556,392.50 6,85 25 May 2022 FY2021 dividend

Dividend policy
 

VGP intends to pay a regular annual dividend in cash, taking the longer-term target of dividend coverage into consideration. The dividend will be based on recurring net rental and fee income and dividend distributions received from the joint ventures minus recurring expenses. The exact amount will depend on the circumstances at the time, and in particular on developments as regards the growth plans and the resources available to finance them.

  

Previous dividends 

 

Year Amount Amount per share
2020 € 75,128,132.50 € 3.65
2019 € 60,394,913 € 2.93
2018 € 40,882,710 € 2.20
2017 € 35,307,795 € 1.90
2016 € 20,069,694 € 1.08

Research Analysts

 

A number of research analysts monitor our company and issue opinions on our corporate performance. Any opinions, forecasts, or estimates published by analysts relating to VGP N.V. and its subsidiaries' performance do not represent the opinions, forecasts, or estimates of VGP N.V. or its management. 

 

Firm Name Telephone
KBC Wim Lewi +32 2 417 40 92
JPMorgan Tim Leckie +44 20 7134 4477
Kepler Cheuvreux Frederic Renard +32 11 49 14 63
Kempen Pieter Runneboom +31 20 348 8416
DeGroof Petercam Inna Maslova
+32 2 662 86 44
RBC Capital Markets Saravana Bala +44 20 7002 2616
Barclays Sander Bunck +44 20 3134 5897
Green Street Advisors Peter Papadakos +44 20 3793 7000
ABN AMRO – ODDO BHF
Gerardo Ibañez Herrero +31 623 302 168
Société Générale Marios Pastou
+44 780 517 6161

Glossary of terms

Go to Glossary of terms