Warehouses De Pauw: Publication pursuant to article 15 of the law of May 2, 2007 (Transparency Law)


PRESS RELEASE

REGULATED INFORMATION

OCTOBER 24, 2022, 8:30 AM CET

Publication pursuant to article 15 of the law of May 2, 2007 (Transparency law)

As previously announced1, WDP launched a capital increase in cash within the framework of the authorized capital by waiving the legal preferential rights of the existing shareholders (to the extent necessary, partly in favor of the current reference shareholder of WDP, the general partnership RTKA, a general partnership owned by the Jos De Pauw family) and without granting an irreducible allotment right to existing shareholders. The gross amount of this capital increase was €300 million through the issue of 12,931,035 new shares at an issue price of €23.20 per share. The capital increase was carried out through an exempt accelerated private placement with qualified international and/or institutional investors with the constitution of an order book (accelerated bookbuilding or ABB).

After completion of this capital increase and issue of 12,931,035 new shares at a total issue price of 300,000,012.00 euros (i.e. 14,815,218.67 euros in Capital and €285,184,793.33 in Issuance premiums), the total capital of WDP will amount to 231,304,653.44 euros on 24 October 2022. From this same date, the capital will be represented by 201,887,575 fully paid-up ordinary shares. There are no preferred shares. Each of these shares confers a right to vote at the General Meeting, these shares therefore represent the denominator for the purposes of notifications under the rules of transparency (notifications after reaching or exceeding a minimum or maximum threshold set by the or by law, for example). In addition to the statutory thresholds, WDP’s articles of association set additional thresholds of 3% and 7.5%, in accordance with article 18, paragraph 1, of the Belgian transparency law. No options or subscription rights giving right to shares have been issued.

1 To see the Press Releases dated October 19, 2022.

Press release – October 24, 2022

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More information

WDP SA

Joost Uwents

Mickael Van den Hauwe

Blakebergen 15

CEO

CFO

B-1861 Wolvertem

www.wdp.eu

investorrelations@wdp.eu

joost.uwents@wdp.eu

mickael.vandenhauwe@wdp.eu

WDP develops and invests in logistics real estate (warehouses and offices). WDP’s real estate portfolio amounts to more than 6.5 million m². This international portfolio of semi-industrial and logistics buildings is spread over approximately 280 sites located in prime logistics locations for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany and Romania.

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

Company number 0417.199.869 (Brussels Register of Legal Persons, Dutch section)

Press release – October 24, 2022

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Disclaimer

WDP – Warehouses De Pauw Comm. Virginia published this content on October 24, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on October 24, 2022 06:29:02 UTC.

Public now 2022

All the news from WAREHOUSES DE PAUW SA

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304M
304M
2022 net income 558M
547M
547M
Net debt 2022 2,570M
2,521 million
2,521 million
PER 2022 ratio 7.04x
2022 return 4.07%
Capitalization 4,611 million
4,522 million
4,522 million
EV / Sales 2022 23.2x
EV / Sales 2023 21.3x
# of employees 89
Floating 76.7%

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Medium consensus SURPASS
Number of analysts ten
Last closing price €24.40
Average target price €31.05
Average Spread / Target 27.3%


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