Brief: VGP Closes Private Placement Of Scrips

VGP NV

25/11/2022 12:38

Nov 25 (Reuters) - VGP NV  VGP1.BR :
    * SUCCESSFUL RIGHTS OFFERING BY VGP – EXISTING SHAREHOLDERS
AND
NEW INVESTORS HAVE FULLY SUBSCRIBED TO THE RIGHTS OFFERING
FOLLOWING A SUCCESSFUL PRIVATE PLACEMENT OF THE SCRIPS
    * FURTHER TO COMPLETION OF PRIVATE PLACEMENT OF SCRIPS, AN
ADDITIONAL 5,57% OF NEW SHARES OFFERED BY VGP AS PART OF ITS EUR
302,933,541 (MAXIMUM) RIGHTS ISSUE HAVE BEEN SUBSCRIBED AT EUR
73.90 PER SHARE
    * NET PROCEEDS (AFTER DEDUCTION OF COSTS) TO WHICH HOLDERS
OF
NON-EXERCISED PREFERENTIAL RIGHTS ARE ENTITLED AMOUNTS TO EUR
4.57 PER COUPON N° 11
    * TRADING OF VGP SHARES ON EURONEXT BRUSSELS WILL RESUME
AFTER
PUBLICATION OF THIS PRESS RELEASE
    * PAYMENT FOR DEMATERIALISED PREFERENTIAL RIGHTS,
REALISATION OF
CAPITAL INCREASE AND LISTING OF NEW SHARES ON EURONEXT BRUSSELS
IS EXPECTED TO TAKE PLACE ON 29 NOVEMBER 2022
    * AFTER THIS TRANSACTION, NUMBER OF ISSUED SHARES IN COMPANY
WILL
RISE FROM 21,833,050 TO 27,291,312
    * NEW SHARES WILL IN PRINCIPLE BE TRADABLE ON EURONEXT
BRUSSELS
FROM SAME DATE ONWARDS

Source text for Eikon:  ID:nGNE1Ztbf9 
Further company coverage:  VGP1.BR 
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