Warehouses De Pauw: WDP acquires a site along the E17 motorway in Lokeren through a capital increase of 25.7 million euros

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PRESS RELEASE

REGULATED INFORMATION

OCTOBER 7, 2021, 8:00 a.m.

WDP acquires a site along the E17 motorway in Lokeren through a capital increase of 25.7 million euros Issuance of 769,186 new WDP shares at the (rounded) price of 33.38 euros per share

Implications under the transparency law

WDP becomes owner of DPG Media Services site with unique high visibility location along E17

in Lokeren. This location has approximately 37,000 m² of built-up area with potential for further future development.

of approximately 20,000 m². This site is partly located directly next to the

highway and houses a printing house. Behind are the

packaging department and a cross-dock warehouse that facilitates

shipping of printed materials. DPG Media Services

continue to rent the premises on the basis of a 3-6-9 lease

at market conditions.

With this transaction, WDP further extends its partnership with

DPG. Previously, the existing DPG site in Asse1 was added to

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portfolio, after which the site was redeveloped into the new

headquarters of Ahold Delhaize.

Strengthening of the real estate position in Lokeren

The DPG site will be the second WDP site in this industrial area along the E17 motorway in Lokeren.

Previously, the Global Distribution Center was built for Barry Callebaut. 2 This unique sustainable logistics hub has a low bay and a fully automated high bay (together representing an area of ​​over 60,000 m²). It operates on an energy neutral basis and takes care of the worldwide distribution of all the chocolate produced by Barry Callebaut.

The industrial area of ​​Lokeren is superbly connected to

E17 motorway

the economic centers of Antwerp, Ghent and Brussels

thanks to its central location in Flanders and direct

Lokeren industrial zone

access to the E17 motorway.

  1. See Press releasedated October 17, 2018.
  2. See Press releasedated July 4, 2019.

Press release – October 7, 2021

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Acquisition by contribution in kind

This acquisition, with an overall investment value of 25.7 million euros, was made today by a contribution in kind from the site to WDP, in exchange for 769,186 new WDP shares. The new shares are issued following a capital increase, after approval by the Board of Directors, using the authorized capital.

The issue price was set at (rounded) 33.38 euros on the basis of the volume-weighted average price (VWAP) of the WDP share, communicated on the Euronext Brussels website (including the dividend of fiscal year 2021, beginning January 1, 2021) for the three days prior to October 7, 2021, less five percent. The transaction resulted in an increase in shareholders’ equity of 25.7 million euros, including an amount of (approximately)

0.9 million euros have been allocated to the Capital city item and an amount of (approximately) 24.8 million euros at Premium Object.

The new WDP shares are of the same type and confer the same rights (including dividend rights) as the existing WDP shares and represent (approximately) 0.42% of the total shares outstanding. WDP expects to obtain the admission of the new shares to trading on the regulated markets of Euronext Brussels and Amsterdam on October 8, 2021.

Publication in accordance with article 15 of the law of 2 May 2007 (Transparency Law)

Following the capital increase and the issuance of new shares, the total capital of WDP as of October 7, 2021

amounts to 211,695,385.75 euros. As of this date, the capital is represented by 184,772,193 fully paid up

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ordinary actions. There are no preferred shares. Each of these shares carries a voting right at the General Meeting of Shareholders and these shares therefore represent the denominator for the purposes of notifications under transparency regulations (i.e. notifications in cases (ao) of reaching, crossing or lowering statutory or legal thresholds). In addition to the legal thresholds, WDP’s articles of association provide for an additional statutory threshold of 3% and 7.5% in accordance with article 18, §1 of the Transparency Law. No options or subscription rights giving right to shares were issued.

Press release – October 7, 2021

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More information

WDP SA

Joost uwens

Mickaël Van den Hauwe

Blakebergen 15

CEO

CFO

B-1861 Wolvertem

www.wdp.eu

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investor [email protected]

[email protected]

[email protected]

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WDP develops and invests in logistics real estate (warehouses and offices). WDP’s real estate portfolio amounts to more than 5 million m². This international portfolio of semi-industrial and logistics buildings is spread over around 250 sites in first-rate logistics hubs for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany and Romania.

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WDP NV / SA – BE-REIT (public regulated real estate company under Belgian law)

Company number 0417.199.869 (Register of legal persons in Brussels, Dutch section)

Press release – October 7, 2021

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Disclaimer

WDP – Warehouses De Pauw Comm. Virginia published this content on 07 October 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 07 October 2021 06:46:00 AM UTC.


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